Matches in SemOpenAlex for { <https://semopenalex.org/work/W2103205428> ?p ?o ?g. }
- W2103205428 endingPage "2074" @default.
- W2103205428 startingPage "2065" @default.
- W2103205428 abstract "Using the data of privately-owned firms in China’s transition economy, the study examines the effects of soft budget constraint on the expropriation of minority shareholders. The study finds that, compared to small firms, large firms have higher bank loans and are more likely to get government subsidies. However, large firms show higher divergence between cash flow and control rights, more fund occupation by controlling shareholders, and lower market valuation. Moreover, these differences between large and small firms become particularly pronounced when the firms operate in the provinces with poorer fiscal conditions. When firm tax is substituted for firm size, the study gets the similar results. These findings suggest that soft budget constraint can mitigate the expropriation costs of controlling shareholders, and subsequently deteriorate the expropriation of minority shareholders. Key words: Bank loans, expropriation, firm size, fiscal goal, government subsidies, soft budget constraint." @default.
- W2103205428 created "2016-06-24" @default.
- W2103205428 creator A5003818749 @default.
- W2103205428 creator A5021260708 @default.
- W2103205428 date "2011-03-18" @default.
- W2103205428 modified "2023-09-23" @default.
- W2103205428 title "Soft budget constraint and expropriation: Evidence from privately-owned firms in China." @default.
- W2103205428 cites W1958222683 @default.
- W2103205428 cites W2017533857 @default.
- W2103205428 cites W2029159268 @default.
- W2103205428 cites W2069769242 @default.
- W2103205428 cites W2115927074 @default.
- W2103205428 cites W2119182646 @default.
- W2103205428 cites W2120744852 @default.
- W2103205428 cites W2146528746 @default.
- W2103205428 cites W2146967447 @default.
- W2103205428 cites W2156338381 @default.
- W2103205428 cites W2160860931 @default.
- W2103205428 cites W2167691119 @default.
- W2103205428 cites W2199402914 @default.
- W2103205428 cites W2278124925 @default.
- W2103205428 cites W2752617332 @default.
- W2103205428 cites W3023634873 @default.
- W2103205428 cites W3121297842 @default.
- W2103205428 cites W3121304433 @default.
- W2103205428 cites W3121335362 @default.
- W2103205428 cites W3123091495 @default.
- W2103205428 cites W3123394183 @default.
- W2103205428 cites W3123476601 @default.
- W2103205428 cites W3123716053 @default.
- W2103205428 cites W3123992882 @default.
- W2103205428 cites W3124557370 @default.
- W2103205428 cites W3124737349 @default.
- W2103205428 cites W3124747412 @default.
- W2103205428 cites W3124948273 @default.
- W2103205428 cites W3125470002 @default.
- W2103205428 cites W3125649736 @default.
- W2103205428 cites W3125688476 @default.
- W2103205428 doi "https://doi.org/10.5897/ajbm09.146" @default.
- W2103205428 hasPublicationYear "2011" @default.
- W2103205428 type Work @default.
- W2103205428 sameAs 2103205428 @default.
- W2103205428 citedByCount "1" @default.
- W2103205428 countsByYear W21032054282022 @default.
- W2103205428 crossrefType "journal-article" @default.
- W2103205428 hasAuthorship W2103205428A5003818749 @default.
- W2103205428 hasAuthorship W2103205428A5021260708 @default.
- W2103205428 hasConcept C10138342 @default.
- W2103205428 hasConcept C120757647 @default.
- W2103205428 hasConcept C127413603 @default.
- W2103205428 hasConcept C138885662 @default.
- W2103205428 hasConcept C144133560 @default.
- W2103205428 hasConcept C162324750 @default.
- W2103205428 hasConcept C163428354 @default.
- W2103205428 hasConcept C175444787 @default.
- W2103205428 hasConcept C17744445 @default.
- W2103205428 hasConcept C186027771 @default.
- W2103205428 hasConcept C191935318 @default.
- W2103205428 hasConcept C199539241 @default.
- W2103205428 hasConcept C2776036281 @default.
- W2103205428 hasConcept C2778137410 @default.
- W2103205428 hasConcept C2780060422 @default.
- W2103205428 hasConcept C34447519 @default.
- W2103205428 hasConcept C39389867 @default.
- W2103205428 hasConcept C41895202 @default.
- W2103205428 hasConcept C556758197 @default.
- W2103205428 hasConcept C78519656 @default.
- W2103205428 hasConcept C84265765 @default.
- W2103205428 hasConcept C8505890 @default.
- W2103205428 hasConceptScore W2103205428C10138342 @default.
- W2103205428 hasConceptScore W2103205428C120757647 @default.
- W2103205428 hasConceptScore W2103205428C127413603 @default.
- W2103205428 hasConceptScore W2103205428C138885662 @default.
- W2103205428 hasConceptScore W2103205428C144133560 @default.
- W2103205428 hasConceptScore W2103205428C162324750 @default.
- W2103205428 hasConceptScore W2103205428C163428354 @default.
- W2103205428 hasConceptScore W2103205428C175444787 @default.
- W2103205428 hasConceptScore W2103205428C17744445 @default.
- W2103205428 hasConceptScore W2103205428C186027771 @default.
- W2103205428 hasConceptScore W2103205428C191935318 @default.
- W2103205428 hasConceptScore W2103205428C199539241 @default.
- W2103205428 hasConceptScore W2103205428C2776036281 @default.
- W2103205428 hasConceptScore W2103205428C2778137410 @default.
- W2103205428 hasConceptScore W2103205428C2780060422 @default.
- W2103205428 hasConceptScore W2103205428C34447519 @default.
- W2103205428 hasConceptScore W2103205428C39389867 @default.
- W2103205428 hasConceptScore W2103205428C41895202 @default.
- W2103205428 hasConceptScore W2103205428C556758197 @default.
- W2103205428 hasConceptScore W2103205428C78519656 @default.
- W2103205428 hasConceptScore W2103205428C84265765 @default.
- W2103205428 hasConceptScore W2103205428C8505890 @default.
- W2103205428 hasIssue "6" @default.
- W2103205428 hasLocation W21032054281 @default.
- W2103205428 hasOpenAccess W2103205428 @default.
- W2103205428 hasPrimaryLocation W21032054281 @default.
- W2103205428 hasRelatedWork W1775056901 @default.
- W2103205428 hasRelatedWork W1992617495 @default.
- W2103205428 hasRelatedWork W2007618409 @default.