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Autor: TSEN-YU CHU, 朱政宇
Rok vydání: 2019
Druh dokumentu: 學位論文 ; thesis
Popis: 107
This research investigates the impact of political connections on the relationship between ownership structure and related-party transactions. The sample includes listed companies on the Shanghai and Shenzhen Stock Exchanges over the period of 2008-2015. The findings show that the SOEs (state-owned enterprises) controlled by local government have more serious related-party transactions than the SOEs controlled by the central government. In addition, political connections positively moderate the relationship between the SOEs controlled by the central government and related-party transactions. In contrast, political connections negatively moderate the relationship between the SOEs controlled by local governments and related-party transactions.
Databáze: Networked Digital Library of Theses & Dissertations