Multinational corporations and share pledging of the controlling shareholder

C Wen, F Wen, D Lin, L Zhao - International Review of Financial Analysis, 2024 - Elsevier
We identify the difference in share pledging of the controlling shareholders between
multinational corporations (MNCs) and domestic corporations (DCs). Specifically, we find …

Do auditors respond when listed firms pledge shares? Evidence from China

KM Kong, HJ Huang - Pacific Accounting Review, 2023 - emerald.com
Do auditors respond when listed firms pledge shares? Evidence from China | Emerald Insight
Books and journals Case studies Expert Briefings Open Access Publish with us Advanced …

The impact of share‐pledging purposes on firm performance and innovation

X Jia, EJ Jiang, R Wang - Corporate Governance: An …, 2024 - Wiley Online Library
Research question Share pledging by controlling shareholders can be motivated by
business or personal purposes. We investigate whether the firm performance and innovation …

Linkages between share pledging, stock price risk and profitability: Evidence from the PR China

F Li, X Zhang, J Ortiz - Plos one, 2021 - journals.plos.org
Share pledging has become popular as a method of loan collateral among Chinese
shareholders. Our research used a sample of Chinese listed firms between 2008–2018 and …

[PDF][PDF] Do controlling shareholders' equity pledges affect M&A investment? Evidence from listed companies in China

Q Duan, NM Nor, AI Selamat - Asian Economic and Financial …, 2023 - psasir.upm.edu.my
In the active field of China's capital market, the financing method of equity pledges has
become a beacon of innovation. As of April 28, 2023, 2,474 companies accounted for …

[PDF][PDF] Asian Journal of Economic Modelling

Q Duan, N Mohd, AI Selamat - Asian Journal of Economic …, 2024 - psasir.upm.edu.my
Contribution/Originality: From the perspective of controlling shareholders' equity pledges, it
fills the academic literature gap that affects the company's investment structure and enriches …

[HTML][HTML] “掏空” 视角下控股股东股权质押经济后果——以A 企业为例

陈洪明, 李小军, 池康成 - Modern Management, 2024 - hanspub.org
股权质押可在不改变股权结构的情况下快速获得资金, 降低资本成本, 但也存在市场风险,
道德风险, 财务风险等问题. 本文基于“掏空” 视角, 采用因子分析法, Z 与F 计分模型对A …

Controlling Shareholder's Share Pledging Motivation and Firm's Future Development: New Insights from LDA Model Text Analysis

Y Liu, D Huang, J Zhou, M He - Available at SSRN 4810186, 2024 - papers.ssrn.com
Unlike prior studies on the motivation of controlling shareholders pledging their shares by
using traditional analysis methods, this paper employs the LDA model to extract topics from …

Transitory and Permanent Cash Flow Shocks in Debt Contract Design

L Ma, AS Sikochi, Y Xiao - Harvard Business School Accounting & …, 2022 - papers.ssrn.com
We examine how lenders design contracts when borrowers are exposed to volatile transitory
or permanent cash flow shocks. We find that volatile transitory shocks are associated with …

[PDF][PDF] INSIDER TRADING DURING PANDEMIC TIMES–AN INDIAN PERSPECTIVE

MR Ravichandran, R Vennila - 2022 - researchgate.net
The ground breaking coronavirus is reshaping the financial market in previously
inconceivable ways. The business world is currently in a state of financial crisis. The …