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The effects of ownership concentration and corporate debt on corporate divestitures in Chinese listed firms

✍ Scribed by Jianfeng Wu; Dean Xu; Phillip H. Phan


Publisher
Springer
Year
2010
Tongue
English
Weight
246 KB
Volume
28
Category
Article
ISSN
0217-4561

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## Abstract This paper provides new survey evidence on effects of concentrated ownership on restructuring and performance in privatized firms in Russia. The major findings are that large‐block shareholding is negatively associated with the firm's investment and performance, and this relationship do