On Foreign Shareholdings and Agency Costs: New Evidence from China
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DOI: 10.1080/1540496x.2017.1412949
Abstract: ABSTRACT This article examines the impact of foreign shareholdings on agency costs of Chinese firms from 2006 to 2012. The empirical results indicate that: (1) direct foreign shareholdings, in contrast to indirect foreign shareholdings, improve… read more here.
Keywords: new evidence; shareholdings agency; agency costs; costs new ... See more keywords