Equity transfers and market reactions: Evidence from Chinese stock markets
Our logit models explain positive or negative short-term market reactions due to equity transfers in China. In contrast to former studies, we classify transfers into private transactions, privatisations, transfers among state-owned enterprises (SOEs) and nationalisations. We control for uncompensate...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
2008-12.
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| Subjects: | |
| Online Access: | Get fulltext |