메뉴 건너뛰기




Volumn 54, Issue 3, 2011, Pages 573-607

The effects of political connections and state ownership on corporate litigation in China

Author keywords

[No Author keywords available]

Indexed keywords


EID: 84861582268     PISSN: 00222186     EISSN: None     Source Type: Journal    
DOI: 10.1086/659261     Document Type: Article
Times cited : (118)

References (55)
  • 2
  • 3
    • 0032275734 scopus 로고    scopus 로고
    • The shareholder wealth implications of corporate lawsuits
    • Bhagat, Sanjai, John Bizjak, and Jeffrey Coles. 1998. The Shareholder Wealth Implications of Corporate Lawsuits. Financial Management 27:5-27.
    • (1998) Financial Management , vol.27 , pp. 5-27
    • Bhagat, S.1    Bizjak, J.2    Coles, J.3
  • 4
    • 38149145037 scopus 로고
    • The Wealth effects of interfirm lawsuits: Evidence from Corporate Lawsuits
    • Bhagat, Sanjai, James Brickley, and Jeffrey Coles. 1994. The Wealth Effects of Interfirm Lawsuits: Evidence from Corporate Lawsuits. Journal of Financial Economics 35:221-47.
    • (1994) Journal of Financial Economics , vol.35 , pp. 221-247
    • Bhagat, S.1    Brickley, J.2    Coles, J.3
  • 5
    • 4344718063 scopus 로고    scopus 로고
    • Event Studies and the Law-Part I: Technique and corporate litigation
    • Bhagat, Sanjai, and Roberta Romano. 2002. Event Studies and the Law-Part I: Technique and Corporate Litigation. American Law and Economics Review 4:141-67.
    • (2002) American Law and Economics Review , vol.4 , pp. 141-167
    • Bhagat, S.1    Romano, R.2
  • 6
    • 44449127521 scopus 로고    scopus 로고
    • The Home Court advantage in international corporate litigation
    • Bhattacharya, Utpal, Neal Galpin, and Bruce Haslem. 2007. The Home Court Advantage in International Corporate Litigation. Journal of Law and Economics 50:625-59.
    • (2007) Journal of Law and Economics , vol.50 , pp. 625-659
    • Bhattacharya, U.1    Galpin, N.2    Haslem, B.3
  • 7
    • 0002375775 scopus 로고
    • The Effect of Private antitrust litigation on the stock market valuation of the firm
    • Bizjak, John, and Jeffrey Coles. 1995. The Effect of Private Antitrust Litigation on the Stock Market Valuation of the Firm. American Economic Review 85:436-61.
    • (1995) American Economic Review , vol.85 , pp. 436-461
    • Bizjak, J.1    Coles, J.2
  • 8
    • 33244454517 scopus 로고    scopus 로고
    • Connected Lending: Thailand before the financial crisis
    • Charumilind, Chutatong, Raja Kali, and Yupana Wiwattanakantang. 2006. Connected Lending: Thailand before the Financial Crisis. Journal of Business 79:181-217.
    • (2006) Journal of Business , vol.79 , pp. 181-217
    • Charumilind, C.1    Kali, R.2    Wiwattanakantang, Y.3
  • 9
    • 32244437333 scopus 로고    scopus 로고
    • Have China's Enterprise Reforms Led to Improved Efficiency and Profitability?
    • Chen, Gongmeng, Michael Firth, and Oliver M. Rui. 2006. Have China's Enterprise Reforms Led to Improved Efficiency and Profitability? Emerging Markets Review 7:82-109.
    • (2006) Emerging Markets Review , vol.7 , pp. 82-109
    • Chen, G.1    Firth, M.2    Rui, O.M.3
  • 10
    • 56249123643 scopus 로고    scopus 로고
    • Does the Type of Ownership Control Matter? Evidence from China's Listed Companies
    • Chen, Gongmeng, Michael Firth, and Liping Xu. 2009. Does the Type of Ownership Control Matter? Evidence from China's Listed Companies. Journal of Banking and Finance 33:171-81.
    • (2009) Journal of Banking and Finance , vol.33 , pp. 171-181
    • Chen, G.1    Firth, M.2    Liping, X.3
  • 11
    • 85043077400 scopus 로고    scopus 로고
    • China Statistics Bureau. 1984-2005, Beijing: China Statistics Publishing House
    • China Statistics Bureau. 1984-2005. Statistics Yearbook of China. Beijing: China Statistics Publishing House.
    • Statistics Yearbook of China
  • 13
    • 46049105914 scopus 로고    scopus 로고
    • Political Connections and preferential access to finance: The role of campaign contributions
    • Claessens, Stijn, Erik Feijen, and Luc Laeven. 2008. Political Connections and Preferential Access to Finance: The Role of Campaign Contributions. Journal of Financial Economics 88:554-80.
    • (2008) Journal of Financial Economics , vol.88 , pp. 554-580
    • Claessens, S.1    Feijen, E.2    Laeven, L.3
  • 14
    • 34250651427 scopus 로고    scopus 로고
    • Public Law and Legal Theory Working Paper No. 187. George Washington University Law School, Washington, D.C
    • Clarke, Donald, Peter Murrell, and Susan Whiting. 2006. The Role of Law in China's Economic Development. Public Law and Legal Theory Working Paper No. 187. George Washington University Law School, Washington, D.C.
    • (2006) The Role of Law in China's Economic Development
    • Clarke, D.1    Murrell, P.2    Whiting, S.3
  • 15
    • 0001731516 scopus 로고
    • The institutional structure of production
    • Coase, Ronald. 1992. The Institutional Structure of Production. American Economic Review 82:713-19.
    • (1992) American Economic Review , vol.82 , pp. 713-719
    • Coase, R.1
  • 16
    • 0001853672 scopus 로고
    • The Costs of conflict resolution and financial distress: Evidence from the texaco-pennzoil litigation
    • Cutler, David, and Lawrence Summers. 1988. The Costs of Conflict Resolution and Financial Distress: Evidence from the Texaco-Pennzoil Litigation. RAND Journal of Economics 19:157-72.
    • (1988) RAND Journal of Economics , vol.19 , pp. 157-172
    • Cutler, D.1    Summers, L.2
  • 17
    • 33749638253 scopus 로고
    • Risk Measurement When shares are subject to infrequent trading
    • Dimson, Elroy. 1979. Risk Measurement When Shares Are Subject to Infrequent Trading. Journal of Financial Economics 7:197-226.
    • (1979) Journal of Financial Economics , vol.7 , pp. 197-226
    • Dimson, E.1
  • 18
    • 22144475794 scopus 로고    scopus 로고
    • Politicians and Banks: Political influences on government-owned banks in emerging markets
    • Dinc, I. Serdar. 2005. Politicians and Banks: Political Influences on Government-Owned Banks in Emerging Markets. Journal of Financial Economics 77:453-79.
    • (2005) Journal of Financial Economics , vol.77 , pp. 453-479
    • Dinc, I.S.1
  • 19
    • 33645727687 scopus 로고    scopus 로고
    • Politically connected firms
    • Faccio, Mara. 2006. Politically Connected Firms. American Economic Review 96:369-86.
    • (2006) American Economic Review , vol.96 , pp. 369-386
    • Faccio, M.1
  • 20
    • 33749245823 scopus 로고    scopus 로고
    • Political connections and corporate bailouts
    • Faccio, Mara, Ronald Masulis, and John J. McConnell. 2006. Political Connections and Corporate Bailouts. Journal of Finance 61:2597-635.
    • (2006) Journal of Finance , vol.61 , pp. 2597-2635
    • Faccio, M.1    Masulis, R.2    McConnell, J.J.3
  • 21
    • 34247262521 scopus 로고    scopus 로고
    • Politically-Connected CEOs, Corporate Governance and Post-IPO Performance of China's Partially Privatized Firms
    • Fan, P. H. Joseph, T. J. Wong, and Tianyu Zhang. 2007. Politically-Connected CEOs, Corporate Governance and Post-IPO Performance of China's Partially Privatized Firms. Journal of Financial Economics 84:330-57.
    • (2007) Journal of Financial Economics , vol.84 , pp. 330-357
    • Fan, P.H.J.1    Wong, T.J.2    Zhang, T.3
  • 22
    • 0001609111 scopus 로고    scopus 로고
    • Estimating the value of political connections
    • Fisman, Raymond. 2001. Estimating the Value of Political Connections. American Economic Review 91:1095-1102.
    • (2001) American Economic Review , vol.91 , pp. 1095-1102
    • Fisman, R.1
  • 23
    • 53649108671 scopus 로고    scopus 로고
    • Shareholder Initiated Class Action Lawsuits: Shareholder Wealth Effects and Industry Spillovers
    • Gande, Amar, and Craig M. Lewis. 2009. Shareholder Initiated Class Action Lawsuits: Shareholder Wealth Effects and Industry Spillovers. Journal of Financial and Quantitative Analysis 44:823-50.
    • (2009) Journal of Financial and Quantitative Analysis , vol.44 , pp. 823-850
    • Gande, A.1    Lewis, C.M.2
  • 24
    • 39749100149 scopus 로고    scopus 로고
    • Dependent Judiciary and Unaccountable Judges: Judicial Corruption in Contemporary China
    • Gong, Ting. 2004. Dependent Judiciary and Unaccountable Judges: Judicial Corruption in Contemporary China. China Review 4(2):33-54.
    • (2004) China Review , vol.4 , Issue.2 , pp. 33-54
    • Gong, T.1
  • 25
    • 33845809073 scopus 로고    scopus 로고
    • Reputational penalties and the merits of class action securities litigation
    • Helland, Eric. 2006. Reputational Penalties and the Merits of Class Action Securities Litigation. Journal of Law and Economics 49:365-95.
    • (2006) Journal of Law and Economics , vol.49 , pp. 365-395
    • Helland, E.1
  • 27
    • 0037292733 scopus 로고    scopus 로고
    • Cronyism and Capital Controls: Evidence from Malaysia
    • Johnson, Shane, and Todd Mitton. 2003. Cronyism and Capital Controls: Evidence from Malaysia. Journal of Financial Economics 67:351-82.
    • (2003) Journal of Financial Economics , vol.67 , pp. 351-382
    • Johnson, S.1    Mitton, T.2
  • 28
    • 85050840323 scopus 로고
    • The Reputational penalty firms bear from committing criminal fraud
    • Karpoff, Jonathan, and John Lott. 1993. The Reputational Penalty Firms Bear from Committing Criminal Fraud. Journal of Law and Economics 36:757-802.
    • (1993) Journal of Law and Economics , vol.36 , pp. 757-802
    • Karpoff, J.1    Lott, J.2
  • 29
    • 0038851419 scopus 로고    scopus 로고
    • On the Determinants and importance of punitive damage awards
    • Karpoff, Jonathan, and John Lott. 1999. On the Determinants and Importance of Punitive Damage Awards. Journal of Law and Economics 42:527-73.
    • (1999) Journal of Law and Economics , vol.42 , pp. 527-573
    • Karpoff, J.1    Lott, J.2
  • 30
    • 30344478271 scopus 로고    scopus 로고
    • The Reputational Penalties for Environmental Violations: Empirical Evidence
    • Karpoff, Jonathan, John Lott, and Eric Wehrly. 2005. The Reputational Penalties for Environmental Violations: Empirical Evidence. Journal of Law and Economics 48:658-75.
    • (2005) Journal of Law and Economics , vol.48 , pp. 658-675
    • Karpoff, J.1    Lott, J.2    Wehrly, E.3
  • 31
    • 31444435396 scopus 로고    scopus 로고
    • Do Lenders Favor Politically Connected Firms? Rent Provision in an Emerging Financial Market
    • Khawaja, Asim Ijaz, and Atif Mian. 2005. Do Lenders Favor Politically Connected Firms? Rent Provision in an Emerging Financial Market. Quarterly Journal of Economics 120: 1371-411.
    • (2005) Quarterly Journal of Economics , vol.120 , pp. 1371-1411
    • Khawaja, A.I.1    Mian, A.2
  • 32
    • 33746130781 scopus 로고    scopus 로고
    • Political Relationships, Global Financing, and Corporate Transparency: Evidence from Indonesia
    • Leuz, Christian, and Felix Oberholzer-Gee. 2006. Political Relationships, Global Financing, and Corporate Transparency: Evidence from Indonesia. Journal of Financial Economics 81:411-39.
    • (2006) Journal of Financial Economics , vol.81 , pp. 411-439
    • Leuz, C.1    Oberholzer-Gee, F.2
  • 34
    • 34748920802 scopus 로고    scopus 로고
    • Adaptation and Convergence in Corporate Governance: The Case of Chinese Listed Companies
    • MacNeil, Iain. 2002. Adaptation and Convergence in Corporate Governance: The Case of Chinese Listed Companies. Journal of Corporate Law Studies 2:289-344.
    • (2002) Journal of Corporate Law Studies , vol.2 , pp. 289-344
    • Macneil, I.1
  • 37
    • 0000666375 scopus 로고
    • Financial Ratios and the Probabilistic Prediction of Bankruptcy
    • Ohlson, James. 1980. Financial Ratios and the Probabilistic Prediction of Bankruptcy. Journal of Accounting Research 18:109-31.
    • (1980) Journal of Accounting Research , vol.18 , pp. 109-131
    • Ohlson, J.1
  • 39
    • 85043063653 scopus 로고    scopus 로고
    • National Reports: The People's Republic of China
    • edited by Christopher Hodges, Stefan Vogenauer, and Magdalena Tulibacka. Oxford: Hart
    • Palmer, Michael, and Chao Xi. 2010. National Reports: The People's Republic of China. Pp. 261-74 in The Costs and Funding of Civil Litigation: A Comparative Perspective, edited by Christopher Hodges, Stefan Vogenauer, and Magdalena Tulibacka. Oxford: Hart.
    • (2010) The Costs and Funding of Civil Litigation: A Comparative Perspective
    • Palmer, M.1    Xi, C.2
  • 40
    • 0004154658 scopus 로고    scopus 로고
    • Corruption in the Judiciary. March 11
    • People's Daily. 2001. Corruption in the Judiciary. March 11.
    • (2001) People's Daily
  • 42
    • 0032714418 scopus 로고    scopus 로고
    • The Chinese Legal System: Continuing Commitment to the Primacy of State Power
    • Potter, Pitman B. 1999. The Chinese Legal System: Continuing Commitment to the Primacy of State Power. China Quarterly 159:673-83.
    • (1999) China Quarterly , vol.159 , pp. 673-683
    • Potter, P.B.1
  • 43
    • 2542501951 scopus 로고    scopus 로고
    • The Effects of Product Liability Litigation on the Value of Firms
    • Prince, David, and Paul H. Rubin. 2002. The Effects of Product Liability Litigation on the Value of Firms. American Law and Economics Review 4:44-87.
    • (2002) American Law and Economics Review , vol.4 , pp. 44-87
    • Prince, D.1    Rubin, P.H.2
  • 44
    • 84883955490 scopus 로고    scopus 로고
    • How Reform Worked in China
    • edited by Dani Rodrick. Princeton, N.J.: Princeton University Press
    • Qian, Yingyi. 2003. How Reform Worked in China. Pp. 297-333 in In Search of Prosperity: Analytic Narratives on Economic Growth, edited by Dani Rodrick. Princeton, N.J.: Princeton University Press.
    • (2003) In Search of Prosperity: Analytic Narratives on Economic Growth , pp. 297-333
    • Qian, Y.1
  • 45
    • 0001051586 scopus 로고    scopus 로고
    • Financial Development and Growth
    • Rajan, Raghuram, and Luigi Zingales. 1998. Financial Development and Growth. American Economic Review 88:559-86.
    • (1998) American Economic Review , vol.88 , pp. 559-586
    • Rajan, R.1    Zingales, L.2
  • 50
    • 85043030998 scopus 로고    scopus 로고
    • Stamford Law Corporation, 2d ed. Singapore: Sweet and Maxwell
    • Stamford Law Corporation. 2007. Mergers and Acquisitions in China. 2d ed. Singapore: Sweet and Maxwell.
    • (2007) Mergers and Acquisitions in China
  • 51
    • 33747055607 scopus 로고    scopus 로고
    • Civil Justice in China: An Empirical Study of Courts in Three Provinces
    • Woo, Margaret Y. K., and Yaxin Wang. 2005. Civil Justice in China: An Empirical Study of Courts in Three Provinces. American Journal of Comparative Law 53:911-40.
    • (2005) American Journal of Comparative Law , vol.53 , pp. 911-940
    • Woo, M.Y.K.1    Wang, Y.2
  • 54
    • 84861610200 scopus 로고    scopus 로고
    • International Civil Litigation in China: A Practical Analysis of the Chinese Judicial System
    • Zhang, Mo. 2002. International Civil Litigation in China: A Practical Analysis of the Chinese Judicial System. Boston College International and Comparative Law Review 25: 59-96.
    • (2002) Boston College International and Comparative Law Review , vol.25 , pp. 59-96
    • Zhang, M.1
  • 55
    • 0037301379 scopus 로고    scopus 로고
    • The People's Court in Transition: The Prospects of the Chinese Judicial Reform
    • Zhang, Qianfan. 2003. The People's Court in Transition: The Prospects of the Chinese Judicial Reform. Journal of Contemporary China 34:69-101.
    • (2003) Journal of Contemporary China , vol.34 , pp. 69-101
    • Zhang, Q.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.