Lihong Wang

TL;DR: The authors examined the integration and causality of interdependencies among seven major East Asian stock exchanges before, during, and after the 1997-1998 Asian financial crisis and found that Hong Kong and Singapore respond significantly to shocks in most other East Asian markets, including Shanghai and Shenzhen, during this crisis.

TL;DR: Li et al. as mentioned in this paper empirically investigated politically connected independent directors among Chinese listed firms using 7487 firm-year observations from the Shanghai stock exchange during the period of 2003-2012, and found that the value effect and incentives of appointing independent directors with political ties are shaped by a firm's ownership structure.

TL;DR: Wang et al. as mentioned in this paper investigated how ownership structure, board characteristics, and regional differences in law enforcement and stock market development affect the conflict of interest between majority and minority investors in Chinese listed firms.

TL;DR: This article examined the integration and causality of interdependencies among six major East Asian stock exchanges, while also considering their interactions with the USA before and during the 2007-2009 global financial crisis.

TL;DR: Li et al. as mentioned in this paper empirically investigated how the presence of politically connected directors affects stock price crash risk in listed state-controlled and privately controlled Chinese listed firms, and found that the role of political connections on the board of listed privately controlled firms was positively correlated with stock prices crash risk.