This paper examines the under-researched subject of the political and economic functions of Mainland Chinese enterprises in Hong Kong. The lack of effective cross-border supervision of these offshore state assets… Click to show full abstract
This paper examines the under-researched subject of the political and economic functions of Mainland Chinese enterprises in Hong Kong. The lack of effective cross-border supervision of these offshore state assets has exacerbated the longstanding principal–agent problem, resulting in spillover effects such as high property prices and worsening corporate corruption.
               
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