Ownership and operating performance of Chinese IPOs

By Changyu Wang. 2005

270 citations recorded by the source corpus.

Subfields: Accounting

View Paper: https://www.semanticscholar.org/paper/c682b549d5ef23a1673407f58e0446fd4d996d2a

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In Accounting

1. Michael Firth
2. Liping Xu
3. Zhifeng Yang
4. Donghui Wu
5. Gong-meng Chen
6. Yongxiang Wang
7. Y. Xin
8. Ning Zhu

Citations in the corpus

• Share reform and the performance of China's listed companies (2008, background): “2 Apart from the studies summarised in Table 1, two other related studies include Wang, et al. (2004) and Wang (2005). These studies are chiefly concerned with performance changes surrounding a firm’s IPO.”
• Does the type of ownership control matter? Evidence from China's listed companies (2009, background): “Some prior research has concluded that there are nonlinear relations between ownership concentration and operating performance in China’s listed firms (Wang, 2005; Wei et al., 2005).”
• Control Transfers, Privatization, and Corporate Performance: Efficiency Gains in China's Listed Companies (2008, background): “Wang and Wong (2003) also report poor firm performance prior to a transfer of ownership.”
• Have China's enterprise reforms led to improved efficiency and profitability? (2006, unknown): “In previous studies of firms’ performance changes (Chen et al., 1998; Qi et al., 2000; Sun and Tong, 2003; Wang, 2005; Wei et al., 2003; Xu and Wang, 1998) researchers used a simple breakdown of ownership type that followed the legal classification of the shares.”
• Bank ownership and executive perquisites: New evidence from an emerging market (2011, background): “3 instance, the literature on Japanese banks during Japan’s development from an emerging market to a developed economy suggests that cross-holdings, lack of transparency, and excessive credit liquidity, are all responsible for banks’ negative impact on corporate value, especially during the bubble p”
• Profiting from Government Stakes in a Command Economy: Evidence from Chinese Asset Sales (2010, background): “In columns (2) and (3) we present results using raw returns CR[-1,1] and two-day returns CAR[0,1] respectively.”
• Regulations, Earnings Management, and Post-IPO Performance: The Chinese Evidence (2007, background): “The notion that not well-thought-out regulatory practice may have resulted in the relatively poor performance of SIPs in China is quite apart from the governance or political intervention argument cited in the extant literature (see Sun and Tong, 2003; Wang, 2005; Fan et al., 2007).”