Disproportionate ownership structure and IPO long-run performance of non-SOEs in China

This paper examines the relationship between ownership structures and IPO long-run performance of non-SOEs in China. Although non-SOEs underperform the market in general after IPO but the poor performance is mainly caused by the IPOs with ownership control wedge. Non-SOEs with one share one vote str...

Full description

Saved in:
Bibliographic Details
Main Authors: WANG, Xiaoming, CAO, Jerry, TANG, Jinghua, TIAN, Gary Gang
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2005
Subjects:
IPO
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/4360
https://ink.library.smu.edu.sg/context/lkcsb_research/article/5359/viewcontent/Disproportionate_ownership_structure_IPO_long_run_performance_av.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English