… involved in compensating the increased costs of underwriters. In sum, we find evidence
showing that government control over the corporate economy raises the cost of going public. We …

… share of the quota in government controlled capital markets. … a State firm reduces the cost of
going public more so than State… offering tend to pay higher costs of going public. Importantly, …

… market liquidity and artificially propping up stock prices. These … Chinese government’s
approach to economic management. … government stock purchase during market crash: Evidence …

… but evidence is very scant in the literature. This paper shows that regional governments …
In our opinion, private benefits and costs could not automatically guarantee that bureaucrats …

… controlled by the government. Until 2005, only a third of the … large numbers of Chinese firms
seek to go public in the coming … features of China's stock market to provide new evidence on …

… This is because its products' prices would be brought down by output increase, which in …
go public and utilize market forces rather than administrative forces (eg, government regulation) …

… Our results are robust to alternative labor cost measures, controlling for potential confounding
… Our study shows an unintended labor market consequence—increases in labor costs—of …

… When a listed company controlled by a local government is … Because there is a daily price
limit in Chinese equity markets (… We find little evidence that China's strict IPO regulations are …

… from China's Ministry of Finance random inspections from 1999 to 2022, this study examines
the effects of government accounting supervision on corporate stock price … that government …

… The source of our data on daily stock prices is the China Stock Market Trading Database (…
5, which stated that stock market reactions are expected to be greater for firms with fewer top …