Is the Stock Market Just a Side Show? Evidence from a Structural Reform
收藏NBER2014-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20121
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资源简介：
The 2005 split-share reform in China mandated the conversion of nontradable stocks into tradable status. This paper examines the effects of stock markets on corporate outcomes exploiting multiple institutional features of the Chinese conversion program. Using a generalized propensity score matching
提供机构：
美国国家经济研究局
创建时间：
2014-05-01
