Gadjah Mada International Journal Of Business: Do Private Firms Outperform SOE Firms after Going Public in China Given their Different Governance Characteristics?
This study examines the characteristics of board structure that affect Chinese public firm’s financial performance. Using a sample of 871 firms with 699 observations of previously private firms and 1,914 observations of previously state-owned enterprise (SOE) firms, we investigate the differences...
| Main Author: | Shenghui Tong, Eddy Junarsin |
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| Format: | Jurnal |
| Language: | Bahasa Inggris |
| Published: |
MM UGM
2013
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| Subjects: | |
| Online Access: |
http://oaipmh-jogjalib.umy.ac.idkatalog.php?opo=lihatDetilKatalog&id=79585 |
| Summary: |
This study examines the characteristics of board structure that affect Chinese public firm’s financial performance. Using a sample of 871 firms with 699 observations of previously private firms and 1,914 observations of previously state-owned enterprise (SOE) firms, we investigate the differences in corporate governance between publicly listed firms that used to be pure private firms before going public and listed firms that used to be SOEs before their initial public offerings (IPOs). Our main finding is that previously private firms outperform previously SOE firms in China after IPOs. |
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| Physical Description: |
133-170 |
| ISBN: |
ISBN:ISSN 1411-1128 |