Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1019780 | Journal of Business Venturing | 2010 | 17 Pages |
Abstract
In this paper, we use a unique hand-collected dataset to analyze stock listing as an entrepreneurial decision. By comparing mainland Chinese entrepreneurial firms listed in Hong Kong with the same type of firms opting for a domestic listing on the Shenzhen second board market, we argue that the decision to list on a particular stock exchange is a question of entrepreneurial signaling, and often a trade-off between short-term financial considerations and the entrepreneur's pursuit of long-term benefits.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Yuan Ding, Eric Nowak, Hua Zhang,