A re-examination of China's share issue privatization

Previous studies show that in contrast to evidence that share issue privatization (SIP) in most other countries have improved firm profitability, China's SIP of the 1990s had no such effect. We argue that the main reason for the failure of China's SIP is likely to have been the weak instit...

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Bibliographic Details
Main Authors: JIANG, Guohua, YUE, Heng, ZHAO, Longkai
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2009
Subjects:
Online Access:https://ink.library.smu.edu.sg/soa_research/1585
https://ink.library.smu.edu.sg/context/soa_research/article/2612/viewcontent/1_s20_S037842660900140X_main.pdf
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Institution: Singapore Management University
Language: English