CUHK Business School Research Reveals New Evidence of Conflicts of Interest Among Financial Intermediaries and Their Clients in China

HONG KONG, CHINA, Dec. 2 (Korea Bizwire) – China’s 2005 reform of its dual-class share structure was said to have improved listed firms’ corporate governance by allowing companies’ founding shareholders to convert previously restricted stock into openly traded shares. Some academic studies suggested the changes better aligned the interests of large shareholders and public investors. [...]