State equity ownership and firm market performance: evidence from China's newly privatized firms

By Zuobao Wei, O. Varela. 2003

168 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/9279c930e2175bc07f1037a05dce64ad1af70dd8

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. H. Hu
2. M. Tan
3. Yuan George Shan
4. Ron P. McIver
5. Zongjun Wang
6. João Paulo Vieito
7. Kevin C. K. Lam
8. O. Tam

In Finance

1. Ron P. McIver
2. M. Tan
3. Zongjun Wang
4. João Paulo Vieito
5. Yuan George Shan
6. O. Tam
7. Xiao-lan Deng
8. H. Hu

In Strategy and Management

1. Ron P. McIver
2. M. Tan
3. Zongjun Wang
4. João Paulo Vieito
5. Yuan George Shan
6. O. Tam
7. H. Hu

Citations in the corpus

• The Impact of Capital Structure on Firm Performance: Evidence from Vietnam (2020, unknown): “…(Chen, Chen, Lin, & Zhong, 2005; Lin, Ma, & Su, 2009; Qi, Wu, & Zhang, 2000; Wei, 2007) or a U-shape of state ownership on firm performance (Gunasekarage, Hess, & Hu, 2007; Hess, Gunasekarage, & Hovey, 2010; Ng, Yuce, & Chen, 2009; Tian & Estrin, 2008; Wei & Varela, 2003; Wei, Xie, & Zhang, 2005).”
• Corporate Governance and Financial Distress: Evidence from Chinese Listed Companies (2006, background): “Xu and Wang (1997) and Wei and Varela (2003) present empirical results to show that the proportion of state shares is negatively related to Chinese firms’ performance.”
• Internal governance mechanisms and firm performance in China (2009, methodology): “This study follows the approximation approach by Chen (2001) and Wei and Varela (2003).7 The first IGM, ownership concentration (OC), is measured by the proportion of shares owned through different types of the controlling shareholding—state-owned shares (SOS), legal person shares (LPS), and…”
• State ownership and firm performance: Empirical evidence from Chinese listed companies (2013, unknown): “Wei and Varela (2003) find that firm size and strategic industry status are the main determinants of state ownership.”
• CEO gender, executive compensation and firm performance in Chinese‐listed enterprises (2013, background): “Many of the entities with strong state control are likely to be of strategic importance to the government (Wei and Varela, 2003) and have oligopolistic market leadership positions.”
• Corporate governance mechanisms and financial performance in China: panel data evidence on listed non financial companies (2011, methodology): “Those using both measures of accounting profit and Tobin’sQ include Demsetz and Lehn (1985), Holderness and Sheehan (1988), Morck et al. (1988), McConnell and Servaes (1990), Denis and Denis (1994), Wei and Varela (2003), Harjoto and Jo (2008) and Wei (2007).”
• Are Malaysian government-linked companies (GLCs) creating value? (2008, background): “In contrast, the second school of thought is of the opinion that companies in private hands are more competitive and have more incentive to innovate and contain costs (Boycko et al., 1996; Boubakri and Cosset, 1998; Shleifer, 1998; Dewenter and Malatesta, 2001; Sun and Tong, 2002; Wei and Varela, 20”