Majority-of-the-minority shareholder votes and investment efficiency

N Cao, PB McGuinness, C Xi - Journal of Corporate Finance, 2024 - Elsevier
In an environment where concentrated share ownership is the norm, we ask whether
Majority-of-the-Minority (MoM) votes curb controlling shareholder overreach and investment …

[HTML][HTML] Institutional ownership and earnings quality: Evidence from China

MJ Ali, PK Biswas, L Chapple… - Pacific-Basin Finance …, 2024 - Elsevier
We examine the impact of institutional ownership on earnings quality in China. We have
employed two proxies of earnings quality: discretionary accruals and real earnings …

The breadth of ownership and corporate earnings management

G Ma, Y Wang, Y Xu, L Zhang - Finance Research Letters, 2023 - Elsevier
This paper investigates the relationship between the breadth of ownership and earnings
management. We find that the breadth of ownership is associated with a reduction in …

Regulatory visions and the state in e. Asia: The irrational investor problem in the comparative politics of finance

J Yasuda - Comparative Political Studies, 2023 - journals.sagepub.com
Despite the marked transformation in E. Asia's financial systems, regulators continue to
employ hard paternalistic approaches to their stock markets that are viewed as …

Institutional investors' willingness to pay for green bonds: A case for Shanghai

Y Zenno, K Aruga - Journal of Risk and Financial Management, 2022 - mdpi.com
The issuance of green bonds has been increasing since 2016 in China, and the number of
papers covering the topic is growing. In previous studies on greenium, not much has been …

The rise of common state ownership and corporate environmental performance

X Liu, S Boubaker, J Liao, S Yao - The British Accounting Review, 2024 - Elsevier
This study assesses the effect of common state ownership on corporate environmental
performance. Using a large sample of Chinese listed firms, we find that state-owned …

The false hope of stewardship in the context of controlling shareholders: Making sense out of the global transplant of a legal misfit

DW Puchniak - The American Journal of Comparative Law, 2024 - academic.oup.com
Abstract In 2010, the United Kingdom issued the world's first stewardship code. Since then,
stewardship codes have been issued in many of the world's leading economies and now …

[HTML][HTML] Domestic vs. Foreign Institutional Investors: Who Improves ESG and Value of Chinese Companies?

JW Yoo, YJ Chang - Sustainability, 2024 - mdpi.com
Recent years have seen the influence of both institutional investors and corporate social
responsibility strengthen in the Chinese capital market. However, research on the impact of …

[HTML][HTML] No Need for Asia to be Woke: Contextualizing Anglo-America's “Discovery” of Corporate Purpose

DW Puchniak - RED, 2022 - cairn-int.info
1 In 2018,[1] Colin Mayer, a stalwart of the British Academy, published Prosperity.[2] The
Book is the new “bible” of corporate governance that “is destined to change the world”, says …

[图书][B] Global shareholder stewardship

D Katelouzou, DW Puchniak - 2022 - books.google.com
This is the first in-depth comparative and empirical analysis of shareholder stewardship,
revealing the previously unknown complexities of this global movement. It highlights the role …