Multiple large shareholders, agency costs and firm performances : evidence from Chinese listed companies

Multiple Large Shareholder Structure (MLSS) has been proposed as an effective corporate governance mechanism limiting expropriation of minority shareholders by controlling shareholders (e.g., Maury and Pajuste, 2005). However, there is a counter argument suggesting that large shareholders may collud...

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Bibliographic Details
Main Author: Wang, Jun
Published: University of Leeds 2011
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.613424