Dual Listing, Corporate Governance and Performance: A Case Study of Zhongzing Telecom Equipment Corporation

摘要：

This paper explores relationship between corporate governance and performance based on a case of Zhongxing Telecom Equipment Corporation (ZTE) in the dual listing context. The results show that shares held by management of ZTE increase significantly after dual listing.And the company experiences changes in ownership structure and improve its disclosure after the listing. Moreover, the company valuation has increased and changes in corporate governance are positively correlated with company valuation significandy. The study provides the empirical evidence from emerging economy to the literature on the bonding hypothesis developed in western countries.

关键词： Dual Listing Bonding Hypothesis Corporate Governance Performance Case Study

作者: CHEN Yun HE Yuanqiong

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

会议类型: 国际会议

会议名称: 2009年战略管理国际会议(2009 International Conference on Strategic Management)

会议地点: 成都

会议语种:英文

页码: 856-862

在线出版日期: 2009-06-25（万方平台首次上网日期，不代表论文的发表时间）