Ownership structure plays a critical role in the incentives and behavior of business organizations. The effects of firm ownership dispersion across managers and investors has been examined in past studies.
CUHK Business School Research Reveals Local Financial Analysts with Access to Political Knowledge Generate More Accurate Forecasts in China
Research study on work of local and foreign brokerage analysts in China finds political knowledge creates information wedge between market participants.
Tag: CUHK Business School
In the Berlin-based non-profit Transparency International’s Corruption Perceptions Index 2017, China ranked 77th with a score of 41 out of 100, a slight improvement from the score of 36 in 2014. The index ranks 180 countries and territories by their perceived levels of public sector corruption according to experts and businesspeople with a scale of 0 to 100, where 0 is highly corrupt and 100 is very clean.
While most listed companies in China are making efforts in improving their accountability and transparency, a report released by the Hong Kong-based non-profit organisation Asian Corporate Governance Association (ACGA) shows that 68 percent foreign investors still find it very difficult to engage with A-share firms.