000 02723nam a22003735i 4500
001 310082
003 MX-SnUAN
005 20160429160340.0
007 cr nn 008mamaa
008 150903s2008 gw | o |||| 0|eng d
020 _a9783790820201
_99783790820201
024 7 _a10.1007/9783790820201
_2doi
035 _avtls000363132
039 9 _a201509030634
_bVLOAD
_c201405070339
_dVLOAD
_y201402211140
_zstaff
040 _aMX-SnUAN
_bspa
_cMX-SnUAN
_erda
050 4 _aHD72-88
100 1 _aBüchelhofer, Christian.
_eautor
_9350649
245 1 0 _aCorporate Control and Enterprise Reform in China :
_bAn Econometric Analysis of Block Share Trades /
_cby Christian Büchelhofer.
264 1 _aHeidelberg :
_bPhysica-Verlag HD,
_c2008.
300 _axii, 115 páginas
_brecurso en línea.
336 _atexto
_btxt
_2rdacontent
337 _acomputadora
_bc
_2rdamedia
338 _arecurso en línea
_bcr
_2rdacarrier
347 _aarchivo de texto
_bPDF
_2rda
490 0 _aContributions to Economics,
_x1431-1933
500 _aSpringer eBooks
505 0 _aChina’s reform process, stock market development, and testable hypotheses -- Data, concept of control, and summary statistics on changes in control -- Causes of changes in ultimate share ownership -- Consequences of changes in ultimate share ownership -- Conclusion.
520 _aThis study sheds light on the efficiency of corporate control allocation in Chinese listed firms. Using a panel data set for the period 1996 to 2006, it examines the frequency, causes and consequences of changes in corporate control. The results indicate that poorly performing firms are the predominant targets of control changes; shareholder and creditor control generally act as a complement for changes in control. Following the change in ownership there is a substantial amount of corporate restructuring and an improvement in operating performance. Significant differences in these dimensions emerge, however, between State and private transfers of control. The findings not only provide insights into the motives and constraints of the key players involved in governance practices in China; but they also contain useful implications for other emerging markets around the world that have weak legal systems and weak property rights protection.
590 _aPara consulta fuera de la UANL se requiere clave de acceso remoto.
710 2 _aSpringerLink (Servicio en línea)
_9299170
776 0 8 _iEdición impresa:
_z9783790820195
856 4 0 _uhttp://remoto.dgb.uanl.mx/login?url=http://dx.doi.org/10.1007/978-3-7908-2020-1
_zConectar a Springer E-Books (Para consulta externa se requiere previa autentificación en Biblioteca Digital UANL)
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999 _c310082
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