U.S. cross-listings and the private benefits of control: evidence from dual-class firms

By Craig Doidge. 2004

426 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/0d655dd174bbd996dd078432132621069c8a7b85

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Citations in the corpus

Multimarket Trading and Liquidity: Theory and Evidence (2007, background): “legal system to protect minority shareholders (Coee, 1999; Reese and Weisbach, 2002; Doidge, 2003; Doidge, Karolyi and Stulz, 2003).”
The Development of China's Stock Market and Stakes for the Global Economy (2017, background): “F or p er so na l u se o nl y. trading volume reactions to earnings announcements (Doidge 2004; Doidge, Karolyi & Stulz 2004; Bailey, Karolyi & Salva 2006; Lel & Miller 2008; Hail & Leuz 2009).”
Why Do Countries Matter so Much for Corporate Governance (2007, background): “Since the entrepreneur will not give money away to the minority shareholders, it must be that the participation constraint of minority shareholders is binding: (1 )(1 ) k f aK K W α − − = − (1) 4 The exception is Doidge, Karolyi, and Stulz (2004), where firms can choose to have an ADR program which ”
Institutions and Information Environment of Chinese Listed Firms (2012, background): “…greater transparency and stricter disclosure standards have the potential to strengthen corporate governance by improving monitoring and limiting consumption of private benefits by controlling shareholders (e.g., Rajan and Zingales, 2003; Stulz, 1999; Doidge, 2004; Doidge, Karolyi and Stulz, 2004).”
Do Foreigners Invest Less in Poorly Governed Firms (2009, background): “La Porta, Lopez-de-Silanes, Shleifer, and Vishny (hereafter LLSV) (2002), Lins (2003), Nenova (2003), Doidge (2004), Dyck and Zingales (2004), Klapper and Love (2004), Lang, Lins, and Miller (2004), and Kalcheva and Lins (2007) provide evidence consistent with the notion that outside investors, in…”
Auditor choice in privatized firms: Empirical evidence on the role of state and foreign owners (2009, background): “In the same vein, Doidge (2004) and Doidge et al. (2004) show that crosslisting in the U.S., which imposes higher disclosure standards on firms, improves corporate governance by limiting the consumption of private benefits by controlling shareholders.”
Can foreign firms bond themselves effectively by . . renting U.S. securities laws (2005, positive): “Several recent empirical studies recognize that ADRs might be an effective bonding mechanism (Blass and Yafeh, 2001; Doidge et al., 2004; Lang, Lins et al., 2003).”
Admitting Mistakes: Home Country Effect on the Reliability of Restatement Reporting (2015, background): “We exclude OTC firms because such firms are not required to register with the SEC and therefore do not need to follow US disclosure practices (Doidge 2004).”
The endogeneity bias in the relation between cost-of-debt capital and corporate disclosure policy (2005, neutral): “More recent applications in finance include Doidge (2004), Campbell and Taksler (2003), Himmelberg et al. (1999), Ashenfelter and Kruger (1994).”