American Journal of Theoretical and Applied Business

Volume 2, Issue 2, June 2016

  • Related Party Cooperation, Ownership Structure and Value Creation

    Zhi-hong Song, Xiao-fei Che, Yan-xin Guo

    Issue: Volume 2, Issue 2, June 2016
    Pages: 8-12
    Received: 17 September 2016
    Accepted: 17 October 2016
    Published: 28 October 2016
    Abstract: Taking the 141 related party cooperation announcements by Chinese listed companies from January 2001 to December 2013 as the sample, the article investigates the impact of the focal firms’ ownership structure and relative characteristics of related parties on the focal firms’ value creation. The empirical results indicate that ownership concentrati... Show More