WebbDownloadable (with restrictions)! In 2005, a reform program was initiated in China's stock markets. It acted to increase the proportion of shares that were freely tradable in the markets and also paved the way for a decline in government ownership of listed companies. This paper considers the impact the reform program might have on the … Webb1 jan. 2024 · Leveraging China's 2006 split-share reform (converting previously non-tradable shares into tradable shares) as an exogenous shock, we use an agency conflict framework to examine the impact of a shareholder ownership structure on a …
Shared ownership reform: what would success look like?
WebbThis study aims to introduce and investigate the different aspects and influences of the split-share-structure reform (SSSR) of China’s stock market so as to draw a complete picture of this important event in contemporary China, the … Webb23 okt. 2015 · Keywords: Split-share reform, Capital structure, Trade-off theory, Pecking order theory, Dynamic target adjustment models. JEL Classification: G32. Suggested Citation: Suggested Citation. Guo, Liang and Lien, Donald and Dai, Ya, The Effects of China's Split-Share Reform on Firms’ Capital Structure Choice (October 22, 2015). federal employee health benefit program
Lexington seizes opportunity to pass inclusive zoning reforms
Webb14 apr. 2024 · Protests in Lyon over Macron's pension reform where smoke covers the city's streets and people can be seen throwing objects. A witness said the streets are also covered in tear gas. Webb29 juli 2024 · Although the subject of changes in ownership structure and the effect of various regulations have been studied extensively, few researchers and scholars have … WebbChina's Tax-Sharing Reform in 1994 was a fiscal and taxation system reform initiated by the Chinese government in 1992, prepared and promulgated in 1993, and finally implemented in 1994. The reform was a large-scale adjustment of the tax distribution system and tax structure between the central and local governments, which was … federal employee health benefit