Separating Control from Cash-flow Rights and the Long-term Returns of Public Listed Firms: Tunneling or Delegating

Tian Lihui, Ye Yao, Cheung Wei

The Journal of World Economy ›› 2016, Vol. 39 ›› Issue (7) : 49-72.

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PDF(2135 KB)
The Journal of World Economy ›› 2016, Vol. 39 ›› Issue (7) : 49-72.

Separating Control from Cash-flow Rights and the Long-term Returns of Public Listed Firms: Tunneling or Delegating

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