Tsui-Jung Lin

TL;DR: Wang et al. as mentioned in this paper examined the relationship among information asymmetry, dividend policy and ownership structure for Chinese listed firms from 2003 to 2012 and found that firms with higher information asymmetric are less likely to pay dividends.

TL;DR: In this article, the authors examined whether the Islamic law, corporate governance and growth opportunities affect dividend policy and found evidence that Shariah-compliant firms have higher dividend payouts, mainly driven by insider ownership and external large ownership.

TL;DR: Wang et al. as mentioned in this paper examined the effect of ownership structure on the value of corporate excess cash holdings with consideration of the existence of multiple large shareholders (MLS) and the impact of the split share structure reform.

TL;DR: The authors investigated the impact of political connections and business group affiliation on the cash holdings of firms listed on two main Chinese stock exchanges, and found political connections to be positively correlated with cash holdings, while business group affiliations is negatively correlated.

TL;DR: In this paper, the authors examined the effects of China's split share structure reform on the leverage decisions of listed firms and found that there are two effects, multiple large shareholders and liquidity, that affect the leverage ratio.