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The private benefits of control in Chinese listed firms: Do cash flow rights always reduce controlling shareholders’ tunneling?
16 references·16 citing·24 second hopsampled
The private benefits of control in Chinese listed firms: Do cash flow rights always reduce controlling shareholders’ tunneling? (2010)The private benefits of control in Chines…Investor Protection and Corporate Valuation (2002)Investor Protection and Corpo…Disentangling the Incentive and Entrenchment Effects of Large Shareholdings (2002)Disentangling the Incentive a…The separation of ownership and control in East Asian Corporations (2000)The separation of ownership a…STRATEGY IN EMERGING ECONOMIES. (2000)STRATEGY IN EMERGING ECONOMIE…Investor protection and corporate governance (2000)Investor protection and corpo…Corporate Ownership Around the World (1999)Corporate Ownership Around th…A Survey of Corporate Governance (1997)A Survey of Corporate Governa…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…Institutions, Institutional Change and Economic Performance. (1991)Institutions, Institutional C…Institutions, Institutional Change and Economic Performance (1991)Institutions, Institutional C…Efficient Capital Markets: II (1991)Efficient Capital Markets: IIInstitutions, Institutional Change and Economic Performance (1990)Institutions, Institutional C…Additional evidence on equity ownership and corporate value (1990)Additional evidence on equity…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…The Structure of Corporate Ownership: Causes and Consequences (1985)The Structure of Corporate Ow…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Top management team career experience heterogeneity, digital transformation, and the corporate green innovation: a moderated mediation analysis (2023)Top management team career ex…Board Financial Expertise and Corporate Cash Holdings: Moderating Role of Multiple Large Shareholders in Emerging Family Firms (2021)Board Financial Expertise and…Influence of Social Identity on Family Firms’ FDI Decisions: The Moderating Role of Internal Capital Markets (2020)Influence of Social Identity …Do independent directors restrain controlling shareholders’ tunneling? Evidence from a natural experiment in China (2020)Do independent directors rest…The role of controlling shareholders in determining investments of intellectual capital among Taiwanese semiconductor companies (2019)The role of controlling share…How innovative knowledge assets and firm transparency affect sustainability-friendly practices (2019)How innovative knowledge asse…Ownership structure and firm performance of listed tourism firms (2018)Ownership structure and firm …Independent directors in Asian firms: An integrative review and future directions (2018)Independent directors in Asia…Do family CEOs benefit investment efficiency when they face uncertainty? (2017)Do family CEOs benefit invest…Are all regulatory compliant independent director appointments the same? An analysis of Taiwanese board appointments (2016)Are all regulatory compliant …Principal–Principal Conflicts and Corporate Philanthropy: Evidence from Chinese Private Firms (2015)Principal–Principal Conflicts…Empirical Research on Corporate Governance in China: A Review and New Directions for the Future (2015)Empirical Research on Corpora…The effect of corporate governance and divergence between cash flow and control rights on firm performance: Evidence from Malaysia (2013)The effect of corporate gover…Board turnover in Taiwan’s public firms: An empirical study (2013)Board turnover in Taiwan’s pu…Multiple Large Shareholder Structure and Governance: The Role of Shareholder Numbers, Contest for Control, and Formal Institutions in Chinese Family Firms (2012)Multiple Large Shareholder St…Why Can't a Family Business Be More Like a Nonfamily Business? Modes of Professionalization in Family Firms (2011)Why Can't a Family Business B…The Modern Corporation and Private Property (1933)Agency Problems and Residual Claims (1983)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Two Agency-Cost Explanations of Dividends (1984)Corporate performance and managerial remuneration (1985)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)What Do We Know about Capital Structure? Some Evidence from International Data (1995)The Problem of Social Cost (1960)Law and Finance (1998)Corporate Governance and Equity Prices (2003)Earnings management and investor protection: an international comparison (2003)Law, finance, and economic growth in China (2005)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Separation of Ownership and Control (1983)Legal Determinants of External Finance (1997)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Corruption and Growth (1995)Social Capital, Intellectual Capital, and the Organizational Advantage (1998)The Relational View: Cooperative Strategy and Sources of Interorganizational Competitive Advantage (1998)How do family ownership, control and management affect firm value? (2005)Not So Different After All: A Cross-Discipline View Of Trust (1998)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1990Institutions, Institutional Change and Economic Performance32,644 cited
  • 1991Institutions, Institutional Change and Economic Performance24,871 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1997A Survey of Corporate Governance16,237 cited
  • 1999Corporate Ownership Around the World10,565 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 2000Investor protection and corporate governance6,847 cited
  • 1985The Structure of Corporate Ownership: Causes and Consequences6,243 cited
  • 2000The separation of ownership and control in East Asian Corporations5,753 cited
  • 1991Efficient Capital Markets: II5,346 cited
  • 1991Institutions, Institutional Change and Economic Performance.4,775 cited
  • 1990Additional evidence on equity ownership and corporate value4,311 cited
  • 2002Investor Protection and Corporate Valuation4,055 cited
  • 2002Disentangling the Incentive and Entrenchment Effects of Large Shareholdings3,845 cited

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2000
STRATEGY IN EMERGING ECONOMIES.
3,835 cited

Cited by

  • 2011Why Can't a Family Business Be More Like a Nonfamily Business? Modes of Professionalization in Family Firms70 cited
  • 2013Board turnover in Taiwan’s public firms: An empirical study61 cited
  • 2018Ownership structure and firm performance of listed tourism firms60 cited
  • 2020Do independent directors restrain controlling shareholders’ tunneling? Evidence from a natural experiment in China57 cited
  • 2015Principal–Principal Conflicts and Corporate Philanthropy: Evidence from Chinese Private Firms55 cited
  • 2012Multiple Large Shareholder Structure and Governance: The Role of Shareholder Numbers, Contest for Control, and Formal Institutions in Chinese Family Firms53 cited
  • 2019How innovative knowledge assets and firm transparency affect sustainability-friendly practices35 cited
  • 2019The role of controlling shareholders in determining investments of intellectual capital among Taiwanese semiconductor companies32 cited
  • 2018Independent directors in Asian firms: An integrative review and future directions27 cited
  • 2015Empirical Research on Corporate Governance in China: A Review and New Directions for the Future27 cited
  • 2017Do family CEOs benefit investment efficiency when they face uncertainty?27 cited
  • 2016Are all regulatory compliant independent director appointments the same? An analysis of Taiwanese board appointments26 cited
  • 2023Top management team career experience heterogeneity, digital transformation, and the corporate green innovation: a moderated mediation analysis21 cited
  • 2020Influence of Social Identity on Family Firms’ FDI Decisions: The Moderating Role of Internal Capital Markets21 cited
  • 2013The effect of corporate governance and divergence between cash flow and control rights on firm performance: Evidence from Malaysia19 cited
  • 2021Board Financial Expertise and Corporate Cash Holdings: Moderating Role of Multiple Large Shareholders in Emerging Family Firms18 cited