determinants of dual-class firmsinitial public offeringunderpricingWe compare Chinese single with dual-class firms cross-listed on US exchanges. We find that dual-class firms are larger in terms of assets and sales, possess ownership concentration, and have higher institutional ownership. Chinese firms...
你们班谁画画最好英语翻译 who什么两个词in your class Who 【draws best 】in your class? 29311 英语翻译 my new class is Class30 Grade 2.There are forty two grils and twelve boys.my headmaster teach us Chinese,就是挨个句翻译,你应该都会的,英语书上都能找得到,高中英语必修一第一单元就是介绍...
Long Term Changes in Voting Power and Control Structure following the Unification of Dual Class Shares "Dual class firms: Capitalization, ownership structure and recapitalization back into single class," Journal of Banking & Finance, Elsevier, vol. 25(6), pages 1083-1111, June. Ingolf Dittmann &...
Corporate GovernanceInvestor ProtectionSECStock ExchangesOver the past several years, corporate law scholarship has carefully analyzed the effects of dual-class capital structures, which allocate superior voting rightSolomon, DovSocial Science Electronic Publishing...
firms that have dual-class share structures. A total of 137 of the firms are cross-listed in the U.S., including 75 firms that are cross-listed on the NYSE or Nasdaq via Level 2 or 3 ADRs. The panel spans eight years from 1994 through 2001 and includes firms from 20 countries where...
Corporate governanceAnalyst followingWe examine the effects of internal and external corporate governance and monitoring mechanisms on the dual-class status and the firm value of dual-class firms.doi:10.2139/ssrn.3016157Young Sang KimHoje JoSang Mook Lee...
This study examines the information environment and earnings management of dual class firms. Motivated by the pronounced entrenchment phenomenon at dual class firms due to divergence between voting and cash flow rights, we are interested in whether dual class firms adopt corporate disclosure choices that...
Evidence from Dual‐Class Firms Li, Kai, Hernan Ortiz-Molina, and Xinlei Zhao, 2008, Do voting rights affect institutional investment decisions? Evidence from dual-class firms, Financial... L Kai,H Ortiz-Molina,X Zhao - 《Financial Management》 被引量: 147发表: 2008年 Do Voting Rights ...
While this dual-class structure is likely to entrench management, it potentially reduces capital market pressures on managers thereby reducing the need for managers to manipulate earnings. In this study, I compare the earnings management behavior among dual-class firms relative to a matched sample of...
Agency Conflicts, Controlling Owner Proximity, and Firm Value: An Analysis of Dual-Class Firms in the United States (2010). Agency Conflicts, Controlling Owner Proximity, and Firm Value: An Analysis of Dual-Class Firms in the United States. Corporate Governance: An ... CK Hoi,A Robin - 《...