3rd Chapman Conference on Money & Finance - Financial Market Development in Emerging Asia: Impact on Corporate Performance最新文献

筛选
英文 中文
Has the Split-Share Reform Influenced Corporate Behaviour? Chinese Firms’ Fixed Capital Investment 2002–2016 股权分置改革对企业行为有影响吗?2002-2016年中国企业固定资本投资
Min Shi, Dayong Zhang, D. Dickinson
{"title":"Has the Split-Share Reform Influenced Corporate Behaviour? Chinese Firms’ Fixed Capital Investment 2002–2016","authors":"Min Shi, Dayong Zhang, D. Dickinson","doi":"10.2139/ssrn.3424375","DOIUrl":"https://doi.org/10.2139/ssrn.3424375","url":null,"abstract":"In 2005, China took an important step in its privatisation process by initiating the Split Share Reform, whereby state-owned shares became tradeable. As a consequence, there was a significant rise in private holdings of shares of listed companies which previously had high state ownership. This paper considers the impact of this change, by examining how the SSR impacted on firms’ capital investment. Using a value-maximising approach, we empirically model Chinese firms’ fixed capital investment recognising that this was a period of global instability caused by the Global Financial Crisis. Controlling for its effects, we are able to consider if and how the reform influenced firms’ behaviour.","PeriodicalId":180713,"journal":{"name":"3rd Chapman Conference on Money & Finance - Financial Market Development in Emerging Asia: Impact on Corporate Performance","volume":"79 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128739715","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Development of East Asian Bond Markets (Presentation Slides) 东亚债券市场的发展(幻灯片)
S. Rhee
{"title":"The Development of East Asian Bond Markets (Presentation Slides)","authors":"S. Rhee","doi":"10.2139/ssrn.3426235","DOIUrl":"https://doi.org/10.2139/ssrn.3426235","url":null,"abstract":"Keynote address at Chapman Conference on Financial Market Development in Emerging Asia, May 4, 2018.","PeriodicalId":180713,"journal":{"name":"3rd Chapman Conference on Money & Finance - Financial Market Development in Emerging Asia: Impact on Corporate Performance","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-05-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115330441","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信