Shareholder Voting and Corporate Sustainability in China: An Empirical Study
Chapter in an edited book (author)

香港中文大學研究人員
替代計量分析
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其它資訊
摘要Despite the growing literature on China’s proliferating corporate social responsibility initiatives, little is known empirically about how Chinese shareholders react to these initiatives in their invested firms. Drawing upon a unique, hand-collected dataset containing the votes cast at shareholders’ meetings in Chinese A-share listed firms, this research reveals two divergent patterns. Some shareholders support (or oppose) such initiatives as often as they do proposals most susceptible to conflicts of interest (e.g. a firm transacting with its controlling shareholder). Others vote more strategically, rarely opposing such proposals as rigorously as they oppose proposals with a perceived negative impact on their immediate financial interests. Their varied approaches seem to be correlated with certain firm characteristics such as who controls the firm (i.e. state or private actors) and how strong the degree of control is.
出版社接受日期06.05.2018
著者Chao Xi
編輯Beate Sjåfjell, Christopher Bruner
書名The Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability
出版年份2019
出版社Cambridge University Press
頁次431 - 445
國際標準書號9781108658386
語言英式英語

上次更新時間 2020-28-11 於 00:14