wuyu0405 发表于 2011-9-10 17:29 
关键是郎咸平发表的是高档次高水平的学术论文,AER JPE JFE JF 他太牛逼了 论文引用率超 ...
是的
The separation of ownership and control in East Asian Corporations* 1ccfr.org.cn 中的 [PDF]…, S Djankov, LHP Lang - Journal of financial Economics, 2000 - Elsevier
We examine the separation of ownership and control for 2,980 corporations in nine East Asian
countries. In all countries, voting rights frequently exceed cash-flow rights via pyramid structures
and cross-holdings. The separation of ownership and control is most pronounced among ...
被引用次数:2351 - 相关文章 - 所有 56 个版本
Tobin's q, corporate diversification and firm performanceohio-state.edu 中的 [PDF]LHP Lang… - 1993 - nber.org
Respectively, Associate Professor, New York University, and Riklis Chair in Business, The Ohio
State University, and NBER. We are grateful to Mike Brennan, Robert Comment, Harry
DeAngelo, Gene Fama, Mark Grinblatt, David Hirshleifer, Glenn Hubbard, Gregg Jarrell, ...
被引用次数:1642 - 相关文章 - 所有 21 个版本
The ultimate ownership of Western European corporations* 1illinois.edu 中的 [PDF]…, LHP Lang - Journal of Financial Economics, 2002 - Elsevier
We analyze the ultimate ownership and control of 5,232 corporations in 13 Western European
countries. Typically firms are widely held (36.93%) or family controlled (44.29%). Widely held
firms are more important in the UK and Ireland, family controlled firms in continental ...
被引用次数:1415 - 相关文章 - 所有 22 个版本
Disentangling the incentive and entrenchment effects of large shareholdingsgoogle.com 中的 [PDF]…, S Djankov, JPH Fan, LHP Lang - Journal of finance, 2002 - JSTOR
ABSTRACT This article disentangles the incentive and entrenchment effects of large owner-
ship. Using data for 1,301 publicly traded corporations in eight East Asian econ- omies, we find
that firm value increases with the cash-flow ownership of the largest shareholder, ...
被引用次数:1381 - 相关文章 - 所有 28 个版本
A test of the free cash flow hypothesis:: The case of bidder returnsohio-state.edu 中的 [PDF]LHP Lang, RM Stulz… - Journal of Financial Economics, 1991 - Elsevier
We develop a measure of free cash flow using Tobin's q to distinguish between firms that have
good investment opportunities and those that do not. In a sample of successful tender offers,
bidder returns are significantly negatively related to cash flow for low q bidders but not for ...
被引用次数:671 - 相关文章 - 所有 7 个版本
Troubled debt restructurings:: An empirical study of private reorganization of firms in default…, K John, LHP Lang - Journal of Financial Economics, 1990 - Elsevier
This study investigates the incentives of financially distressed firms to restructure their debt privately
rather than through formal bankruptcy. In a sample of 169 financially distressed companies, about
half successfully restructure their debt outside of Chapter 11. Firms more likely to ...
被引用次数:676 - 相关文章 - 所有 8 个版本
Managerial performance, Tobin's Q, and the gains from successful tender offers* 1ohio-state.edu 中的 [PDF]LHP Lang, RM Stulz… - Journal of Financial Economics, 1989 - Elsevier
For a sample of successful tender offers, we find that the shareholders of high q bidders gain
significantly more than the shareholders of low q bidders. In general, the shareholders of low
q targets benefit more from takeovers than the shareholders of high q targets. Typical ...
被引用次数:628 - 相关文章 - 所有 9 个版本
Dividends and expropriationgoogle.com 中的 [PDF]M Faccio, LHP Lang… - American Economic Review, 2001 - JSTOR
Whereas most US corporations are widely held, the predominant form of owner- ship in East
Asia is control by a family, which often supplies a top manager. These features of "crony
capitalism" are actually more pronounced in Western Europe. In both regions, the salient ...
被引用次数:596 - 相关文章 - 所有 28 个版本
An empirical test of the impact of managerial self-interest on corporate capital structure…, LHP Lang - Journal of finance, 1988 - JSTOR
A RECENT PAPER BY Friend and Hasbrouck (FH) [7] used data on holdings of stock owned
by managerial insiders (officers and directors) to test the hypothesis that the corporate capital
structure is determined at least in part by optimization of management interests even ...
被引用次数:557 - 相关文章 - 所有 6 个版本
Contagion and competitive intra-industry effects of bankruptcy announcements* 1:: An empirical analysisolemiss.edu 中的 [PDF]LHP Lang… - Journal of Financial Economics, 1992 - Elsevier
Journal of Financial Economics 32 (1992) 4560. NorthHolland Contagion and competitive infraindustry
effects of bankruptcy announcements An empirical analysis* Larry HP Lang New York
UnicersitY, New York, NY 0003, USA Rene M. Stulz Ohio State Unieersitt. Columbus. OH ...
被引用次数:421 - 相关文章 - 所有 5 个版本