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...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2005
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| Subjects: | |
| 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 |
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| Institution: | Singapore Management University |
| Language: | English |