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Keywords: controlling shareholders
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Journal Articles
Journal of International Accounting Research (2023) 22 (1): 137–168.
Published: 01 March 2023
... of the measurement of deals, Chinese regulators worry about controlling shareholders' self-dealing and use real-time comment letters to expose suspicious deal specifics and to create pressure for controlling shareholders to back down. I find that the Chinese stock exchanges issue more severe comment letters on deal...