 Research on the Impact of Fallback Share-Raising on Minority Shareholders’ InterestsBole Chen ()
A chapter in Proceedings of the 2022 3rd International Conference on Big Data Economy and Information Management (BDEIM 2022), 2023, pp 109-117 from Springer Abstract: Abstract Since 2015, the chairpersons or the actual controllers of the companies in China have been encouraging employees to increase shareholdings of their own companies by announcing Fallback Share-raising. This behavior which intends to stabilize or promote the companies’ stock prices seems to be harmless to minority shareholders, however, it can imply that the company is already facing risks and the interests of minority shareholders, especially those who look for quick profits are likely to be harmed. This paper introduces the background and implementation of Fallback Share-raising, then lists several features. Based on these, the paper analyzes the risks for minority shareholders. C&S Paper Company is selected to measure the risks using event study methodology. Finally, the paper summarizes the existing harm and gives some suggestions on how to reduce the hazards of Fallback Share-raising. Keywords: Fallback Share-raising; Corporate Behavior; Minority Shareholders’ Interests; C&S Paper Company (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-124-1_14 Ordering information: This item can be ordered from DOI: 10.2991/978-94-6463-124-1_14 Access Statistics for this chapter More chapters in Advances in Economics, Business and Management Research from Springer |
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