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Anticorruption, political connections, and corporate cash policy : evidence from politician downfalls in China

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Hello, is anybody there? : Corporate accessibility for outside shareholders as a signal of agency problems

Firth, Michael Anthony; Chen, Lin; Wong, Sonia M. L.; … - In: Review of accounting studies 24 (2019) 4, pp. 1317-1358

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An evaluation framework for developing green infrastructure by using a new hybrid multiple attribute decision-making model for promoting environmental sustainability

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Anti-Corruption Reforms and Shareholder Valuations : Event Study Evidence from China

Lin, Chen - 2016

Consistent with reduced expected corruption adding value overall, Chinese shares rise sharply on the December 4th 2012 launch of major anti-corruption reforms, which started by curtailing extravagant spending by or for Party cadres. SOEs gain broadly, consistent with the reform cutting their top...

Persistent link: https://www.econbiz.de/10012456672

What do we learn from stock price reactions to China's first announcement of anti-corruption reforms?

Lin, Chen; Morck, Randall; Yeung, Bernard; Zhao, Xiaofeng - In: The Journal of finance and data science : JFDS 9 (2023), pp. 1-21

China's markets gained 3.86% around December 4, 2012, when the Party announced anti-corruption reforms. State-owned enterprises (SOEs) with higher past entertainment and travel costs (ETC) gained more. NonSOEs gained in more liberalized provinces, especially those with high past ETC,...

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B2B e-hubs and information integration in supply chain operations

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Remotely sensed thermal pollution and its relationship with energy consumption and industry in a rapidly urbanizing Chinese city

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What Do We Learn from Stock Price Reactions to China's First Announcement of Anti-Corruption Reforms?

Lin, Chen - 2016

Persistent link: https://www.econbiz.de/10012998417

Anti-Corruption Reforms and Shareholder Valuations : Event Study Evidence from China

Lin, Chen - 2016

Chinese share prices rose sharply on the Politburo's Dec. 4th, 2012, announcement of its Eight-point Regulation, an uncharacteristically detailed and concrete Party policy, initiating an extensive anti-corruption campaign and announced surprisingly soon after a change in leadership. The reaction...

Persistent link: https://www.econbiz.de/10012999448