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Corporate governance, state ownership and cross-listing: Evidence from Chinese A-share listed firms

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  • Xu, Hongmei

Abstract

This paper analyses the relationship between corporate governance, state ownership and cross-listing by using data from 2,113 Chinese A-share listed firms during the period 2008 to 2013. Firstly, corporate governance features in state-owned vs. non-state-owned and cross-listed vs. domestically-listed firms are examinde. Secondly, this paper investigates whether state ownership and cross-listing affect the sensitivity of the relation between corporate governance and firm value in Chinese listed firms. The effects are rather mixed.

Suggested Citation

  • Xu, Hongmei, 2015. "Corporate governance, state ownership and cross-listing: Evidence from Chinese A-share listed firms," Discussion Papers of the Institute for Organisational Economics 2/2015, University of Münster, Institute for Organisational Economics.
    • Handle: RePEc:zbw:umiodp:22015
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    More about this item

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M50 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - General
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

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