Managerial agency costs of socialistic internal capital markets: Empirical evidence from China
This study provides empirical evidence of managerial agency costs in socialistic internal capital markets. Listed Chinese companies are required to disclose the amount of resources that are reallocated to other firms of the parent company, which provides us with a direct measure of the socialistic s...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2014
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/235 https://ink.library.smu.edu.sg/context/soa_research/article/1234/viewcontent/SSRN_id2339849.pdf |
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| Institution: | Singapore Management University |
| Language: | English |