Cross‐shareholding networks and stock price synchronicity: Evidence from China

F Wen, Y Yuan, WX Zhou - International Journal of Finance & …, 2021 - Wiley Online Library
This article investigates the effect of cross‐shareholdings on stock price synchronicity, as a
measure of price informativeness, of the listed firms in the Chinese stock market. We gauge …

[HTML][HTML] Selfish shareholders: Corporate donations during covid-19

M Fioretti, V Saint-Jean, SC Smith - 2021 - europepmc.org
During the onset of the COVID-19 pandemic, conflicting incentives caused most
shareholders to adverse corporate social responsibility (CSR)− measured by firms' …

Corporate groups: corporate law, private contracting and equal ownership

MI Sáez Lacave, M Gutiérrez Urtiaga - … Governance Institute-Law …, 2021 - papers.ssrn.com
In this paper we provide a simple and general framework that explains the nature of groups,
their corporate governance problems and their ownership structures as the result of the …

Internal capital markets and predictability in complex ownership firms

R Chang, A Gonzalez, S Sarkissian, J Tu - Journal of Corporate Finance, 2022 - Elsevier
Using global cross-firm ownership data, we find that both stock returns and cash-flow news
of ownership-linked firms predict focal firm's returns for all types of ownership structures …

The effect of international subsidiaries on voluntary disclosure-evidence from natural disasters

D Oesch, F Urban - Accounting and Business Research, 2022 - Taylor & Francis
This paper documents that managers of multinational companies adjust voluntary disclosure
after significant events at international subsidiaries. We show an increase in the likelihood …

[PDF][PDF] Corporate Groups: Corporate Law, Private Contracting and Equal Ownership

MS Lacave, MG Urtiaga - 2022 - extranet.side-isle.it
In this paper we provide a simple and general framework that explains the nature of groups,
their corporate governance problems and their ownership structures as the result of the …

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