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Tunneling or propping: Evidence from connected transactions in China
16 references·16 citing·35 second hopsampled
Tunneling or propping: Evidence from connected transactions in China (2010)Tunneling or propping: Evidence from conn…Propping through related party transactions (2008)Propping through related part…Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆ (2007)Politically connected CEOs, c…Corporate governance and earnings management in the Chinese listed companies: A tunneling perspective (2007)Corporate governance and earn…Tunneling, propping, and expropriation: evidence from connected party transactions in Hong Kong☆ (2006)Tunneling, propping, and expr…Propping and Tunneling (2003)Propping and TunnelingOWNERSHIP STRUCTURE, EXPROPRIATION, AND PERFORMANCE OF GROUP-AFFILIATED COMPANIES IN KOREA. (2003)OWNERSHIP STRUCTURE, EXPROPRI…Tunneling or Value Added? Evidence from Mergers by Korean Business Groups (2002)Tunneling or Value Added? Evi…Disentangling the Incentive and Entrenchment Effects of Large Shareholdings (2002)Disentangling the Incentive a…Tunneling (2000)TunnelingIs Group Affiliation Profitable in Emerging Markets? An Analysis of Diversified Indian Business Groups (2000)Is Group Affiliation Profitab…Investor protection and corporate governance (2000)Investor protection and corpo…Financing constraints and internal capital markets: Evidence from Korean `chaebols' (1999)Financing constraints and int…Corporate Ownership Around the World (1999)Corporate Ownership Around th…Law and Finance (1998)Law and FinanceWhy Focused Strategies May Be Wrong for Emerging Markets (1997)Why Focused Strategies May Be…Legal Determinants of External Finance (1997)Legal Determinants of Externa…Political connections and corporate carbon emission: New evidence from Chinese industrial firms (2023)Political connections and cor…To pollute or not to pollute: Political connections and corporate environmental performance (2022)To pollute or not to pollute:…Corporate actions and the manipulation of retail investors in China: An analysis of stock splits (2021)Corporate actions and the man…Political Connections and Related Party Transactions: Evidence from Indonesia (2017)Political Connections and Rel…Does institutional ownership influence firm performance? Evidence from China (2017)Does institutional ownership …Do Social Ties between External Auditors and Audit Committee Members Affect Audit Quality? (2017)Do Social Ties between Extern…Cross-Border Acquisitions by Chinese Enterprises: The Benefits and Disadvantages of Political Connections (2017)Cross-Border Acquisitions by …Superstition and Financial Decision Making (2016)Superstition and Financial De…Family control and corporate cash holdings: Evidence from China (2015)Family control and corporate …Does Confucianism Reduce Minority Shareholder Expropriation? Evidence from China (2014)Does Confucianism Reduce Mino…Corporate Transparency and the Impact of Investor Sentiment on Stock Prices (2014)Corporate Transparency and th…Bank financing and corporate governance (2014)Bank financing and corporate …Does Religion Mitigate Tunneling? Evidence from Chinese Buddhism (2013)Does Religion Mitigate Tunnel…Controlling shareholder, expropriations and firm's leverage decision: Evidence from Chinese Non-tradable share reform (2012)Controlling shareholder, expr…Corporate finance and governance in emerging markets: A selective review and an agenda for future research (2010)Corporate finance and governa…Controlling-minority shareholder incentive conflicts and directors' and officers' liability insurance: Evidence from China (2008)Controlling-minority sharehol…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A Survey of Corporate Governance (1997)Earnings management and investor protection: an international comparison (2003)How do family ownership, control and management affect firm value? (2005)Law, finance, and economic growth in China (2005)The Problem of Social Cost (1960)Corporate Governance and Equity Prices (2003)Toward a More General Theory of Regulation (1976)Large Shareholders and Corporate Control (1986)Higher market valuation of companies with a small board of directors (1996)Political connections, financing and firm performance: Evidence from Chinese private firms (2007)Corporate Philanthropy and Corporate Financial Performance: The Roles of Stakeholder Response and Political Access (2011)Corporate Social Responsibility Reporting in China: Symbol or Substance? (2013)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Legal Determinants of External Finance (1997)The Colonial Origins of Comparative Development: An Empirical Investigation (2001)The Nature of the Firm (1937)The Economic Institutions of Capitalism (1987)Incentives versus standards: properties of accounting income in four East Asian countries (2003)Corporate Governance, Economic Entrenchment and Growth (2004)Financial and Legal Constraints to Growth: Does Firm Size Matter? (2005)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Corporate Governance in Asia: A Survey (2002)Does Corporate Governance Predict Firms' Market Values? Evidence from Korea (2006)Taking Stock of What We Know About Mergers and Acquisitions: A Review and Research Agenda (2009)What Do We Know about Capital Structure? Some Evidence from International Data (1995)A Survey of Corporate Governance (1997)Financial intermediation and growth: Causality and causes (2000)MANAGERIAL TIES AND FIRM PERFORMANCE IN A TRANSITION ECONOMY: THE NATURE OF A MICRO-MACRO LINK. (2000)Strategy Research in Emerging Economies: Challenging the Conventional Wisdom* (2005)Transforming disadvantages into advantages: developing-country MNEs in the least developed countries (2008)The separation of ownership and control in East Asian Corporations (2000)The New Comparative Economics (2003)The Economic Consequences of Legal Origins (2008)Corporate Immunity to the COVID-19 Pandemic (2020)
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References

  • 1998Law and Finance17,902 cited
  • 1999Corporate Ownership Around the World10,565 cited
  • 2000Investor protection and corporate governance6,847 cited
  • 2002Disentangling the Incentive and Entrenchment Effects of Large Shareholdings3,845 cited
  • 2007Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆2,736 cited
  • 2000Is Group Affiliation Profitable in Emerging Markets? An Analysis of Diversified Indian Business Groups2,588 cited
  • 1997Why Focused Strategies May Be Wrong for Emerging Markets2,452 cited
  • 2000Tunneling2,216 cited
  • 1997Legal Determinants of External Finance2,032 cited
  • 2002Tunneling or Value Added? Evidence from Mergers by Korean Business Groups1,171 cited
  • 2006Tunneling, propping, and expropriation: evidence from connected party transactions in Hong Kong☆942 cited
  • 2008Propping through related party transactions880 cited
  • 2007Corporate governance and earnings management in the Chinese listed companies: A tunneling perspective740 cited
  • 2003Propping and Tunneling713 cited
  • 2003OWNERSHIP STRUCTURE, EXPROPRIATION, AND PERFORMANCE OF GROUP-AFFILIATED COMPANIES IN KOREA.

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550 cited
  • 1999Financing constraints and internal capital markets: Evidence from Korean `chaebols'504 cited
  • Cited by

    • 2010Corporate finance and governance in emerging markets: A selective review and an agenda for future research453 cited
    • 2014Does Confucianism Reduce Minority Shareholder Expropriation? Evidence from China380 cited
    • 2017Does institutional ownership influence firm performance? Evidence from China345 cited
    • 2017Do Social Ties between External Auditors and Audit Committee Members Affect Audit Quality?341 cited
    • 2012Controlling shareholder, expropriations and firm's leverage decision: Evidence from Chinese Non-tradable share reform280 cited
    • 2017Cross-Border Acquisitions by Chinese Enterprises: The Benefits and Disadvantages of Political Connections200 cited
    • 2021Corporate actions and the manipulation of retail investors in China: An analysis of stock splits184 cited
    • 2015Family control and corporate cash holdings: Evidence from China183 cited
    • 2022To pollute or not to pollute: Political connections and corporate environmental performance183 cited
    • 2008Controlling-minority shareholder incentive conflicts and directors' and officers' liability insurance: Evidence from China173 cited
    • 2014Corporate Transparency and the Impact of Investor Sentiment on Stock Prices168 cited
    • 2014Bank financing and corporate governance163 cited
    • 2023Political connections and corporate carbon emission: New evidence from Chinese industrial firms163 cited
    • 2013Does Religion Mitigate Tunneling? Evidence from Chinese Buddhism157 cited
    • 2016Superstition and Financial Decision Making157 cited
    • 2017Political Connections and Related Party Transactions: Evidence from Indonesia156 cited