Mandatory Bids in China: You Can Lead a Horse to Water, but You Can’t Make It Drink
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DOI: 10.1007/s40804-021-00210-6
Abstract: This paper studies mandatory bids in China against an institutional backdrop of restrictive IPO requisites. We find that virtually no shares held by external shareholders are tendered in mandatory bids for all the remaining shares.… read more here.
Keywords: china lead; lead horse; horse water; mandatory bids ... See more keywords