Social trust and foreign ownership: Evidence from qualified foreign institutional investors in China
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- 作者：Dawei Jina ; jdw@znufe.edu.cn" class="auth_mail" title="E-mail the corresponding author ; Haizhi Wangb ; hwang23@stuart.iit.edu" class="auth_mail" title="E-mail the corresponding author ; Peng Wangc ; peng.wang@soton.ac.uk" class="auth_mail" title="E-mail the corresponding author ; Desheng Yind ; dsyin@finance.ecnu.edu.cn" class="auth_mail" title="E-mail the corresponding author
- 关键词：Social trust ; Foreign institutional investors ; Foreign ownership ; China
- 刊名：Journal of Financial Stability
- 出版年：2016
- 出版时间：April 2016
- 年：2016
- 卷：23
- 期：Complete
- 页码：1-14
- 全文大小：722 K
文摘
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Proportion and likelihood of foreign ownership increases with the level of social trust.
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The effects of social trust on foreign ownership diminishes under certain circumstances.
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Foreign institutional investors from countries with a common law origin are more likely to incorporate trust-related information.