Multiple large shareholders and leverage adjustment: New evidence from Chinese listed firms
Author:
Affiliation:
1. School of Economics and Business Administration, Central China Normal University, Wuhan, Hubei, China
2. School of Finance, Zhongnan University of Economics and Law, Wuhan, Hubei, China
Funder
Fundamental Research Funds for the Central Universities
Ministry of Education of Humanities and Social Science Project
Digital Technology and Financial Engineering Discipline Construction Fund of Zhongnan University of Economics and Law
Innovation and Talent Base for Digital Technology and Finance
Publisher
Informa UK Limited
Subject
General Economics, Econometrics and Finance,Finance
Link
https://www.tandfonline.com/doi/pdf/10.1080/1540496X.2022.2051812
Reference68 articles.
1. The governance role of multiple large shareholders: evidence from the valuation of cash holdings
2. Ownership structure, control contestability, and corporate debt maturity
3. CEO incentives and earnings management
4. Mixing Family With Business: A Study of Thai Business Groups and the Families Behind Them
5. Ferreting out Tunneling: An Application to Indian Business Groups
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