IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-124-1_14.html

Research on the Impact of Fallback Share-Raising on Minority Shareholders’ Interests

In: Proceedings of the 2022 3rd International Conference on Big Data Economy and Information Management (BDEIM 2022)

Author

Listed:
  • Bole Chen

    (Nanjing University of Science and Technology)

Abstract

Since 2015, the chairpersons or the actual controllers of the companies in China have been encouraging employees to increase shareholdings of their own companies by announcing Fallback Share-raising. This behavior which intends to stabilize or promote the companies’ stock prices seems to be harmless to minority shareholders, however, it can imply that the company is already facing risks and the interests of minority shareholders, especially those who look for quick profits are likely to be harmed. This paper introduces the background and implementation of Fallback Share-raising, then lists several features. Based on these, the paper analyzes the risks for minority shareholders. C&S Paper Company is selected to measure the risks using event study methodology. Finally, the paper summarizes the existing harm and gives some suggestions on how to reduce the hazards of Fallback Share-raising.

Suggested Citation

  • Bole Chen, 2023. "Research on the Impact of Fallback Share-Raising on Minority Shareholders’ Interests," Advances in Economics, Business and Management Research, in: Seifedine Kadry & Yingchen Yan & Junjie Xia (ed.), Proceedings of the 2022 3rd International Conference on Big Data Economy and Information Management (BDEIM 2022), pages 109-117, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-124-1_14
    DOI: 10.2991/978-94-6463-124-1_14
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:advbcp:978-94-6463-124-1_14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.