Social trust and foreign ownership: Evidence from qualified foreign institutional investors in China
We investigate the effects of social trust on foreign institutional investors' equity holdings in listed Chinese firms from 2005 to 2011. We find that social trust embedded in the regional environment is an important factor for the investment decisions of foreign institutional investors. We als...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
2016-04.
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Subjects: | |
Online Access: | Get fulltext |