The sun is rising in the East: Dual-class shares and the competitive landscape of technological industries in Asia
There has recently been a relaxation of listing regulations to accommodate and attract firms going public with dual-class shares (DCS), notably in Asia. We examine the value implications of DCS adoption by employing an event study around a regulatory change allowing DCS listings in Hong Kong. We fin...
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Main Authors: | LIANG, Hao, NGUYEN, Tran Bao Phuong, ZHANG, Wei |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2022
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/7144 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8143/viewcontent/SSRN_id4248516.pdf |
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Institution: | Singapore Management University |
Language: | English |
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