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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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2024
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| Subjects: | |
| 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 |