Board Independence, Ownership Concentration and Corporate Performance - Chinese Evidence

By Ke Li, Lei Lu, Usha R. Mittoo, Zhou Zhang. 2015

137 citations recorded by the source corpus.

Subfields: Accounting

View Paper: https://www.semanticscholar.org/paper/1bab45678d5d12c79ea57f4d05464987b16d2e9c

Citations in the corpus

• Multiple large shareholders, excess leverage and tunneling: evidence from an emerging market (2017, unknown): “However, Casado et al. (2016); Li et al. (2015); Shleifer and Vishny (1997) note that, large shareholders can also be harmful and create principal-principal conflicts (i.e. goal incongruence among shareholder groups in a firm, particularly between the controlling and minority shareholders).”