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- W2742932993 abstract "This paper empirically investigates the impacts of multiple large shareholders on the ultimate controlling share- holders' dominant power in pyramidal ownership of Chinese listed corporations,as well as the different effects of con- trolling balance on the operating performance when multiple large shareholders and the ultimate controller are of the dif- ferent types.The paper's new findings show that multiple large shareholders have both monitoring effect on and form controlling coalition with ultimate controlling shareholder.When the multiple large shareholders are of the different types,their monitoring incentive on the ultimate controlling shareholder will surpass the coalition incentive,which has a positive effect on the operating performance of the company." @default.
- W2742932993 created "2017-08-17" @default.
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- W2742932993 date "2007-01-01" @default.
- W2742932993 modified "2023-09-24" @default.
- W2742932993 title "Controlling Balance of Multiple Large Shareholders of China's Listed Corporations in Pyramidal Ownership" @default.
- W2742932993 hasPublicationYear "2007" @default.
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