Journal Article

The impact of VC backing on the corporate governance of Chinese IPOs

  • Wang Q
  • Anderson H
  • Chi J
Pacific Accounting Review (2017) 29(3) 330-355
DOI: 10.1108/par-02-2017-0015
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Abstract

This study shows that venture capital-backed Chinese initial public offerings have more independent boards, after controlling for CEO and firm characteristics and the potential endogeneity concerns, and Chinese capital market has relative poor corporate governance and weak minority shareholder protection.

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Wang, Q. (Sophie), Anderson, H. D., & Chi, J. (2017). The impact of VC backing on the corporate governance of Chinese IPOs. Pacific Accounting Review, 29(3), 330–355. https://doi.org/10.1108/par-02-2017-0015

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