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A time to throw stones, a time to reap : how long does it take for democratic transitions to improve institutional outcomes?

Méon, Pierre-Guillaume; Sekkat, Khalid - In: Journal of institutional economics 18 (2022) 3, pp. 429-443

Persistent link: https://www.econbiz.de/10013270045

Ultimate ownership, crash risk, and split share structure reform in China

Liang, Quanxi; Li, Donghui; Gao, Wenlian - In: Journal of banking & finance 113 (2020), pp. 1-18

Persistent link: https://www.econbiz.de/10012226101

Government control and the value of cash : evidence from listed firms in China

Yu, Xinyu; Wang, Ping - In: Review of quantitative finance and accounting 55 (2020) 4, pp. 1341-1369

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Government control, uncertainty, and investment decisions in China's listed companies

Xu, Liping; Wang, Jingwei; Yu, Xin - In: China journal of accounting research : CJAR 3 (2010), pp. 131-157

This paper empirically investigates the relation between uncertainty and investment among China's listed companies, and … between total firm uncertainty and investment in China's listed companies. However, this holds only for privately controlled …

Persistent link: https://www.econbiz.de/10011823478

Corporate investment, government control, and financing channels: Evidence from China's Listed Companies

Firth, Michael; Malatesta, Paul H.; Xin, Qingquan; Xu, … - In: Journal of Corporate Finance 18 (2012) 3, pp. 433-450

We investigate the relation between the internally generated cash flows and fixed asset investments of Chinese firms and find that it is U-shaped. Cash flow and investment are negatively related for low levels of cash flow but positively related for high levels of cash flow. We find that...

Persistent link: https://www.econbiz.de/10010577620