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控股股东股权质押与企业违规行为——基于内部控制与外部监督视角
Taking Chinese A-share listed companies from 2013 to 2021 as samples, this paper qualifies the effects of controlling shareholders’ equity pledges on corporate frauds. The results show that controlling shareholders’ equity pledges significantly induces firms to engage in non-compliance and increased the pledge ratio, and disclosure fraud has a greater impact.
Weiwei Zheng, Xi Qu, Linglin An, Yaobin Liu
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控股股东股权质押与企业违规行为——基于内部控制与外部监督视角