Tunneling through intercorporate loans: The China experience
This study investigates a particularly brazen form of corporate abuse, in which controlling shareholders use intercorporate loans to siphon billions of RMB from hundreds of Chinese listed companies during the 1996 to 2006 period. We document the nature and extent of these transactions, evaluate thei...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2009
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research_all/8 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1007&context=soa_research_all |
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| Institution: | Singapore Management University |
| Language: | English |