试题来源: 解析 双层股票结构的企业,指这个企业里的两类股票有不同的权利 结果一 题目 dual class firms怎么正确翻译?(外国文献中的词) 答案 双层股票结构的企业,指这个企业里的两类股票有不同的权利 相关推荐 1 dual class firms怎么正确翻译?(外国文献中的词) 反馈 收藏 ...
We 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 in IT industry are especially likely to use dual-class ...
Dual-ClassShareholder VotingControlling ShareholdersAgency ProblemsDisclosureCorporate 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, Dov...
Specifically, the paper addresses the following questions: Do foreign firms that cross-list have lower private benefits than firms that do not cross-list? Is the decrease in the private benefits of control related to the degree of protection provided to minority investors in the firms’ home ...
"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 & Niels Ulbricht, 2008. "Timing and ... Y Yafeh - 《Working Papers》 被引量: 0发表: 2009年 Ch...
In addition, managers of dual-class firms are more likely to manage earnings compared with those of single-class firms. We find that dual-class firms with poor quality of information environment manage earnings more. However, single-class firms with better information environment manage earnings ...
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 ...
Dual-class firms also attract more long-term institutional investors, and have higher future operating and stock return performance. Overall, the results support the hypothesis that reduced capital market pressures lead to less short-term earnings manipulation among dual-class firms. 展开 ...
Our paper informs public policy by showing that weakened outside shareholder rights matter, even in the U.S., where, despite a strong investor protection environment, dual-class firms are less timely in recognizing bad news in reported earnings. 展开 ...
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...