Relationship between government ownership of shares, the Investment Opportunity Set (IOS) and corporate policy decision in China.

• Main Authors: Tan, Fui Chuen., Teo, Kwee Ang.
• Other Authors: Sun, Qian
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Industries and labor
• Online Access: http://hdl.handle.net/10356/11213
• Institution: Nanyang Technological University

This paper investigates the relationship between Chinese government of shares and two corporate policies: financing and dividend policies. Additionally, the relationship between the investment opportunity set(IOS) and these policies is examined. Results show that government ownership is insignifican...