Public enforcement through independent directors

We examine how public enforcement and private enforcement interact to contain self-dealing activities in emerging markets. Using data from China, we find that firms receiving comment letters concerning related party transactions (RPTs) from stock exchanges significantly reduce their RPTs in subseque...

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Bibliographic Details
Main Authors: LI, Xiaoxi, RAO, Pingui, YANG, Yong George, YUE, Heng
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2024
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Online Access:https://ink.library.smu.edu.sg/soa_research/2053
https://ink.library.smu.edu.sg/context/soa_research/article/3080/viewcontent/PublicEnforcement_ID_sv.pdf
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Institution: Singapore Management University
Language: English