The value of group affiliation: evidence from the 2008 financial crisis

doi:10.1108/IJMF-03-2013-0030

CORC > 上海财经大学 > 上海财经大学

	The value of group affiliation: evidence from the 2008 financial crisis
	Zhang, Tianshu 1; Huang, Jun 2
刊名	INTERNATIONAL JOURNAL OF MANAGERIAL FINANCE
	2013
卷号	9 期号:4 页码:332-+
关键词	Business group Financial crisis Corporate governance Related party transaction Finance
ISSN号	1743-9132
DOI	10.1108/IJMF-03-2013-0030
英文摘要	Purpose - The purpose of this paper is to observe listed firms in China during the 2008 financial crisis and investigates how group affiliation affects firm value when the economy turns down. The paper focusses the study on answering the following questions: during the crisis, do affiliated firms have higher or lower stock returns than independent firms? Does corporate governance relate to the value of group firms? How does group affiliation influence firm value? Does performance of affiliated entrepreneurial firms differ from affiliated state-owned enterprises (SOEs)?
WOS研究方向	Business & Economics
语种	英语
出版者	EMERALD GROUP PUBLISHING LTD
WOS记录号	WOS:000212458600005
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/2035]
专题	上海财经大学
通讯作者	Zhang, Tianshu
作者单位	1.Shanghai Inst Foreign Trade, Accounting Sch, Shanghai, Peoples R China; 2.Shanghai Univ Finance & Econ, Sch Accountancy, Inst Accounting & Finance, Shanghai, Peoples R China
推荐引用方式 GB/T 7714	Zhang, Tianshu,Huang, Jun. The value of group affiliation: evidence from the 2008 financial crisis[J]. INTERNATIONAL JOURNAL OF MANAGERIAL FINANCE,2013,9(4):332-+.
APA	Zhang, Tianshu,&Huang, Jun.(2013).The value of group affiliation: evidence from the 2008 financial crisis.INTERNATIONAL JOURNAL OF MANAGERIAL FINANCE,9(4),332-+.
MLA	Zhang, Tianshu,et al."The value of group affiliation: evidence from the 2008 financial crisis".INTERNATIONAL JOURNAL OF MANAGERIAL FINANCE 9.4(2013):332-+.