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CUHK Business School Research Reveals Share Transfer Restriction in Family Trusts May Distort Firm Decisions

  • Written by Reporters

HONG KONG, CHINA - Media OutReach - 22 October 2019 - Ownership structure plays a critical role in the incentives and behavior of business organizations. The effects of firm ownership dispersion across managers and investors has been examined in past studies. Yet Prof. Joseph P. H. Fan, Professor of School of Accountancy and...

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