Venture Capital and the Corporate Governance of Chinese Listed Companies by Lin Zhang
English | 2012 | 130 Pages | ISBN: 1461412803 | PDF | 0,9 MB
State-controlled listed companies have always dominated Chinese stock markets. As a result of the rampant scandals related to them, there have been voluminous academic efforts to explore their corporate governance, underpinned by agency costs. However, these studies have yet to examine the phenomenon from the perspective of venture capital and adaptive efficiency.