De-SPAC Performance Under Better Aligned Sponsor Contracts

YM Chiang, W Kim, B Park, TJ Yoon - … Institute–Finance Working …, 2024 - papers.ssrn.com
We examine the implications of special purpose acquisition companies (SPACs) in Korea,
where sponsor contracts are better aligned than in the US Unlike the large redemption rate …

Supply Chain within Business Groups: Do Families Prefer Upstream or Downstream Firms?

J Im, W Kim - European Corporate Governance Institute–Finance …, 2024 - papers.ssrn.com
This study investigates how the intra-group supply chain may affect controlling families'
direct ownership in business group member firms. Previous literature suggests that …

Intraregional effect of IPOs on firm-level real earnings management: evidence from the governance role of financial analysts

L Xie, Z Xie, Z Wang, B Pang - Asia-Pacific Journal of Accounting & …, 2024 - Taylor & Francis
ABSTRACT Using 12,950 firm-year observations of Chinese listed companies from 2010 to
2019, we find that city-level IPOs have positive spillover effects on real earnings …

Does the supply chain matter in the ownership structure? Evidence from Korean business groups

J Im - 한국재무학회학술대회, 2020 - earticle.net
This study investigates the impact of the supply chain on the inter-corporate ownership
structure among member firms within business groups. Previous literature suggests that …

Dark Under the Lamp: Initial Public Offerings and Tax Avoidance Among Local Firms

L Hui, H Jiang, GG Tian, J You - Available at SSRN 4606038 - papers.ssrn.com
We investigate whether and how resource constraints faced by tax authorities affect
corporate tax avoidance. Using Chinese IPO events as an exogenous shock that results in a …

Essays in Corporate Finance

임지은 - 2020 - s-space.snu.ac.kr
This thesis consists of Essays in corporate finance: the supply chain and ownership
structure, the effect of bribes on firm performance, and resale or retirement of repurchased …