The Research on Impact of Dual Listing on Corporate Governance and Corporate Performance: Evidence from Chinese Dual Listed Companies

摘要：

The theory of bonding hypothesis provides a new perspective on the study of dual listing.This paper makes a comparison research between Chinese dual listed companies and matched sample companies only listed on Chinese mainland stock exchange, and examines the impact of dual listing on the relationship between corporate governance and corporate performance. The results show that corporate governance of dual listed companies is better than matched non-dual listed companies.However, the difference of performance between the dual listed companies and matched non-dual listed companies is insignificant. Furthermore, impact of dual listing on the relationship between corporate governance and corporate performance is insignificant.

关键词： Bonding hypothesis Corporate governance Performance Dual listing

作者: CHEN Yun HE Yuan-qiong

作者单位: Hubei University of Economics,P.R.China,430205 Huazhong University of Science and Technology,P.R.China,430074

会议类型: 国际会议

会议名称: 2008 International Conference of Management Science and Engineering(2008管理科学与工程国际学术会议)

会议地点: 河南焦作

会议语种:英文

页码: 231-237

在线出版日期: 2008-11-01（万方平台首次上网日期，不代表论文的发表时间）