Private placements, cash dividends and interests transfer: Empirical evidence from Chinese listed firms
In this paper, the relationship between private placements of common stocks and cash dividendsfor Chinese listed firms is investigated. It finds that Chinese listed firms pay more cash dividendsafter private placements than do those that are not involved in placements. Firms with largeshareholders p...
| Main Authors: | , , , , , |
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| Format: | Journal Article |
| Published: |
Elsevier
2015
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/12580 |
| _version_ | 1848748113544609792 |
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| author | Zhao, Y. Xia, X. Tang, X. Cao, W. Liu, X. Fan, Ying Han |
| author_facet | Zhao, Y. Xia, X. Tang, X. Cao, W. Liu, X. Fan, Ying Han |
| author_sort | Zhao, Y. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | In this paper, the relationship between private placements of common stocks and cash dividendsfor Chinese listed firms is investigated. It finds that Chinese listed firms pay more cash dividendsafter private placements than do those that are not involved in placements. Firms with largeshareholders participating in private placements pay more cash dividends than those withoutlarge shareholder participation. These results indicate that the firms controlled by large shareholders have a high propensity for interests transfer in their cash dividend policies. |
| first_indexed | 2025-11-14T06:59:53Z |
| format | Journal Article |
| id | curtin-20.500.11937-12580 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T06:59:53Z |
| publishDate | 2015 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-125802017-09-13T14:58:46Z Private placements, cash dividends and interests transfer: Empirical evidence from Chinese listed firms Zhao, Y. Xia, X. Tang, X. Cao, W. Liu, X. Fan, Ying Han large shareholders interests transfer Private placements cash dividends In this paper, the relationship between private placements of common stocks and cash dividendsfor Chinese listed firms is investigated. It finds that Chinese listed firms pay more cash dividendsafter private placements than do those that are not involved in placements. Firms with largeshareholders participating in private placements pay more cash dividends than those withoutlarge shareholder participation. These results indicate that the firms controlled by large shareholders have a high propensity for interests transfer in their cash dividend policies. 2015 Journal Article http://hdl.handle.net/20.500.11937/12580 10.1016/j.iref.2014.11.011 Elsevier fulltext |
| spellingShingle | large shareholders interests transfer Private placements cash dividends Zhao, Y. Xia, X. Tang, X. Cao, W. Liu, X. Fan, Ying Han Private placements, cash dividends and interests transfer: Empirical evidence from Chinese listed firms |
| title | Private placements, cash dividends and interests transfer: Empirical evidence from Chinese listed firms |
| title_full | Private placements, cash dividends and interests transfer: Empirical evidence from Chinese listed firms |
| title_fullStr | Private placements, cash dividends and interests transfer: Empirical evidence from Chinese listed firms |
| title_full_unstemmed | Private placements, cash dividends and interests transfer: Empirical evidence from Chinese listed firms |
| title_short | Private placements, cash dividends and interests transfer: Empirical evidence from Chinese listed firms |
| title_sort | private placements, cash dividends and interests transfer: empirical evidence from chinese listed firms |
| topic | large shareholders interests transfer Private placements cash dividends |
| url | http://hdl.handle.net/20.500.11937/12580 |