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This paper extends a recent study (He et al., J Bus Policy Res 11(2):23–44, 2016) and reexamines the information role of foreign institutional investors in the China A-share market. The benchmark result in this study confirms the findings in He et al. (2016) that there is a positive association between the participation of foreign institutional investors via qualified foreign institutional investors...
This study comparatively examines the dividends behavior in state-controlled firms versus family-controlled firms. With the sample of large industrial firms listed on the Main Board of Hong Kong Stock Exchange, we investigate the dividends payment rates, stability of dividends payment, the effects of firm size, profitability and growth opportunity on likelihood to pay dividends, as well as the concentration...
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