FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2076293724> ?p ?o ?g. }

• W2076293724 abstract "Abstract China's listed companies often exchange corporate assets with their parent companies. We find that listed companies that have been incompletely restructured from former state-owned enterprises and in sound financial condition tend to exchange higher quality assets for lower quality assets (i.e., tunneling). However, when there is a need to avoid reporting a loss and to raise additional capital, listed companies tend to exchange lower quality assets for higher quality assets (i.e., propping). We also find that the market reacts indifferently to asset exchange announcements. Finally, we find asset exchanges motivated by a tunneling (propping) incentive to be associated with poorer (improved) post-exchange stock performance and financial performance. In summary, this study contributes to the corporate asset literature by providing two new incentives: tunneling and propping." @default.
• W2076293724 created "2016-06-24" @default.
• W2076293724 creator A5041065602 @default.
• W2076293724 creator A5068853641 @default.
• W2076293724 creator A5073250349 @default.
• W2076293724 date "2014-05-01" @default.
• W2076293724 modified "2023-09-28" @default.
• W2076293724 title "Causes and consequences of corporate asset exchanges by listed companies in China" @default.
• W2076293724 cites W1509805809 @default.
• W2076293724 cites W1578729720 @default.
• W2076293724 cites W1989233103 @default.
• W2076293724 cites W2010997253 @default.
• W2076293724 cites W2030576955 @default.
• W2076293724 cites W2031943373 @default.
• W2076293724 cites W2042291295 @default.
• W2076293724 cites W2057091127 @default.
• W2076293724 cites W2058141370 @default.
• W2076293724 cites W2083570510 @default.
• W2076293724 cites W2089682367 @default.
• W2076293724 cites W2101919370 @default.
• W2076293724 cites W2105629276 @default.
• W2076293724 cites W2138246053 @default.
• W2076293724 cites W2158771693 @default.
• W2076293724 cites W2890995502 @default.
• W2076293724 cites W3121272043 @default.
• W2076293724 cites W3121420129 @default.
• W2076293724 cites W3121912094 @default.
• W2076293724 cites W3122133823 @default.
• W2076293724 cites W3122328547 @default.
• W2076293724 cites W3122930026 @default.
• W2076293724 cites W3123394183 @default.
• W2076293724 cites W3123545589 @default.
• W2076293724 cites W3124073814 @default.
• W2076293724 cites W3124888097 @default.
• W2076293724 cites W3126077399 @default.
• W2076293724 doi "https://doi.org/10.1016/j.iref.2014.02.004" @default.
• W2076293724 hasPublicationYear "2014" @default.
• W2076293724 type Work @default.
• W2076293724 sameAs 2076293724 @default.
• W2076293724 citedByCount "2" @default.
• W2076293724 countsByYear W20762937242017 @default.
• W2076293724 countsByYear W20762937242020 @default.
• W2076293724 crossrefType "journal-article" @default.
• W2076293724 hasAuthorship W2076293724A5041065602 @default.
• W2076293724 hasAuthorship W2076293724A5068853641 @default.
• W2076293724 hasAuthorship W2076293724A5073250349 @default.
• W2076293724 hasBestOaLocation W20762937242 @default.
• W2076293724 hasConcept C10138342 @default.
• W2076293724 hasConcept C111472728 @default.
• W2076293724 hasConcept C138885662 @default.
• W2076293724 hasConcept C143910263 @default.
• W2076293724 hasConcept C144133560 @default.
• W2076293724 hasConcept C162324750 @default.
• W2076293724 hasConcept C16969640 @default.
• W2076293724 hasConcept C17744445 @default.
• W2076293724 hasConcept C191935318 @default.
• W2076293724 hasConcept C199539241 @default.
• W2076293724 hasConcept C200870193 @default.
• W2076293724 hasConcept C2779338949 @default.
• W2076293724 hasConcept C2779530757 @default.
• W2076293724 hasConcept C29122968 @default.
• W2076293724 hasConcept C34447519 @default.
• W2076293724 hasConcept C38652104 @default.
• W2076293724 hasConcept C41008148 @default.
• W2076293724 hasConcept C556758197 @default.
• W2076293724 hasConcept C73283319 @default.
• W2076293724 hasConcept C76178495 @default.
• W2076293724 hasConceptScore W2076293724C10138342 @default.
• W2076293724 hasConceptScore W2076293724C111472728 @default.
• W2076293724 hasConceptScore W2076293724C138885662 @default.
• W2076293724 hasConceptScore W2076293724C143910263 @default.
• W2076293724 hasConceptScore W2076293724C144133560 @default.
• W2076293724 hasConceptScore W2076293724C162324750 @default.
• W2076293724 hasConceptScore W2076293724C16969640 @default.
• W2076293724 hasConceptScore W2076293724C17744445 @default.
• W2076293724 hasConceptScore W2076293724C191935318 @default.
• W2076293724 hasConceptScore W2076293724C199539241 @default.
• W2076293724 hasConceptScore W2076293724C200870193 @default.
• W2076293724 hasConceptScore W2076293724C2779338949 @default.
• W2076293724 hasConceptScore W2076293724C2779530757 @default.
• W2076293724 hasConceptScore W2076293724C29122968 @default.
• W2076293724 hasConceptScore W2076293724C34447519 @default.
• W2076293724 hasConceptScore W2076293724C38652104 @default.
• W2076293724 hasConceptScore W2076293724C41008148 @default.
• W2076293724 hasConceptScore W2076293724C556758197 @default.
• W2076293724 hasConceptScore W2076293724C73283319 @default.
• W2076293724 hasConceptScore W2076293724C76178495 @default.
• W2076293724 hasLocation W20762937241 @default.
• W2076293724 hasLocation W20762937242 @default.
• W2076293724 hasOpenAccess W2076293724 @default.
• W2076293724 hasPrimaryLocation W20762937241 @default.
• W2076293724 hasRelatedWork W1012486684 @default.
• W2076293724 hasRelatedWork W1829447287 @default.
• W2076293724 hasRelatedWork W1979565431 @default.
• W2076293724 hasRelatedWork W2110337265 @default.
• W2076293724 hasRelatedWork W2116665889 @default.
• W2076293724 hasRelatedWork W2116931545 @default.
• W2076293724 hasRelatedWork W2346869006 @default.
• W2076293724 hasRelatedWork W2358899799 @default.
• W2076293724 hasRelatedWork W2372492884 @default.

• next