Foreign ownership and corporate excess perks
Foreign ownership and corporate excess perks
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Publisher
London: Palgrave Macmillan UK
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Language
English
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Publisher
London: Palgrave Macmillan UK
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Contents
Using manually collected data on foreign owners from 39 international jurisdictions for the 2010–2018 period, we find that foreign ownership significantly reduces corporate excess perquisite consumption in Chinese-listed companies. We take the instrumental variable approach and confirm this causal relationship. Investors from jurisdictions with str...
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Full title
Foreign ownership and corporate excess perks
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TN_cdi_proquest_journals_2624046137
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2624046137
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ISSN
0047-2506
E-ISSN
1478-6990
DOI
10.1057/s41267-021-00466-7