Exacerbate or alleviate? Impact of controlling shareholders' share pledging on over-investment
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DOI: 10.1016/j.pacfin.2024.102341
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- Gao, Yang & Ling, Yun & Peng, Hui, 2024. "Before thrive, first survive: The impact of controlling shareholder pledging on corporate ESG performance," Pacific-Basin Finance Journal, Elsevier, vol. 85(C).
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Keywords
Share pledging; Over-investment; Ownership concentration; Signaling costs; Emerging market;All these keywords.
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