Corporate scandals in China.
The other study distinguishes the effects of political connection and governmental intervention on firm value. The event study of 371 scandals from 1997 to 2004 confirms the hypothesis that governmental intervention is the de facto reason. Scandal firms controlled by the state sustain less negative...
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| Format: | Others |
| Language: | English Chinese |
| Published: |
2007
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| Online Access: | http://library.cuhk.edu.hk/record=b6074477 http://repository.lib.cuhk.edu.hk/en/item/cuhk-344110 |