Causes and consequences of corporate asset exchanges by listed companies in China
China's listed companies often exchange corporate assets with their parent companies. We find that listed companies that have been incompletely restructured from former state-owned enterprises and in sound financial condition tend to exchange higher quality assets for lower quality assets (i.e....
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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/897 https://ink.library.smu.edu.sg/context/soa_research/article/1896/viewcontent/Causes_and_consequences_corporate_asset_exchanges_China_av_2014.pdf |
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| Institution: | Singapore Management University |
| Language: | English |