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The private benefits of control in Chinese listed firms: Do cash flow rights always reduce controlling shareholders’ tunneling?

Listed author(s):
  • Jin-hui Luo

    ()

  • Di-fang Wan

    ()

  • Di Cai

    ()

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    No abstract is available for this item.

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    File URL: http://hdl.handle.net/10.1007/s10490-010-9211-y
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    Article provided by Springer in its journal Asia Pacific Journal of Management.

    Volume (Year): 29 (2012)
    Issue (Month): 2 (June)
    Pages: 499-518

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    Handle: RePEc:kap:asiapa:v:29:y:2012:i:2:p:499-518
    DOI: 10.1007/s10490-010-9211-y
    Contact details of provider: Web page: http://www.springer.com

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    14. Kahl, Matthias & Liu, Jun & Longstaff, Francis A., 2003. "Paper millionaires: how valuable is stock to a stockholder who is restricted from selling it?," Journal of Financial Economics, Elsevier, vol. 67(3), pages 385-410, March.
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    16. Friedman, Eric & Johnson, Simon & Mitton, Todd, 2003. "Propping and tunneling," Journal of Comparative Economics, Elsevier, vol. 31(4), pages 732-750, December.
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    21. Cheung, Yan-Leung & Jing, Lihua & Lu, Tong & Rau, P. Raghavendra & Stouraitis, Aris, 2009. "Tunneling and propping up: An analysis of related party transactions by Chinese listed companies," Pacific-Basin Finance Journal, Elsevier, vol. 17(3), pages 372-393, June.
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