Investment Cash Flow Sensitivity and Effect of Managers' Ownership: Difference between Central Owned and Private Owned Companies in China

Based on panel data of the listed companies in China’s stock market A during a period of year 2007-2010, we  made an empirical study on what drives the investment cash flow sensitivity and the effect of management’s ownership and both their differences between the central state owned companies and t...

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Bibliographic Details
Main Authors: Yuanyao Ding, Xu Qian
Format: Article
Language:English
Published: EconJournals 2014-05-01
Series:International Journal of Economics and Financial Issues
Online Access:https://www.econjournals.com/index.php/ijefi/article/view/794