State equity ownership and firm market performance: evidence from China's newly privatized firms

This research examines the relation between state equity ownership and firm market performance for China's newly privatized firms in 1994 (164 firms), 1995 (175 firms), and 1996 (252 firms). The overall results show that state ownership has a negative effect on firm value. Tobin's Q is con...

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Bibliographic details
Volume: 14
Main Author: Wei, Zuobao
Varela, Oscar
Format: Journal Article
Language: English
Place of publication: Greenwich Elsevier Inc 2003
Elsevier Science Ltd
published in: Global finance journal Vol. 14; no. 1; pp. 65 - 82
Data of publication: 2003
ISSN: 1044-0283
EISSN: 1873-5665
Discipline: Business
Series: Global Finance Journal
Online Access: available in Bonn?
Database: RePEc IDEAS
ProQuest One Business
ProQuest One Business (Alumni)
Database information Databases - DBIS