{"created":"2023-07-27T12:34:09.469526+00:00","id":37946,"links":{},"metadata":{"_buckets":{"deposit":"47360fdd-b0e2-4ada-b617-eeae31cdd174"},"_deposit":{"created_by":19,"id":"37946","owners":[19],"pid":{"revision_id":0,"type":"depid","value":"37946"},"status":"published"},"_oai":{"id":"oai:ir.ide.go.jp:00037946","sets":["3552:4093:4101"]},"author_link":["44870"],"item_14_biblio_info_6":{"attribute_name":"収録情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2010-06-01","bibliographicIssueDateType":"Issued"},"bibliographicVolumeNumber":"224","bibliographic_titles":[{"bibliographic_title":"IDE Discussion Paper"},{"bibliographic_title":"IDE Discussion Paper","bibliographic_titleLang":"en"}]}]},"item_14_description_21":{"attribute_name":"フォーマット","attribute_value_mlt":[{"subitem_description":"application/pdf","subitem_description_type":"Other"}]},"item_14_description_23":{"attribute_name":"DIG_NO","attribute_value_mlt":[{"subitem_description":"IDP000224_001","subitem_description_type":"Other"}]},"item_14_description_3":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"Literature on agency problems arising between controlling and minority owners claim that separation of cash flow and control rights allows controllers to expropriate listed firms, and further that separation emerges when dual class shares or pyramiding corporate structures exist. Dual class share and pyramiding coexisted in listed companies of China until discriminated share reform was implemented in 2005. This paper presents a model of controller to expropriate behavior as well as empirical tests of expropriation via particular accounting items and pyramiding generated expropriation. Results show that expropriation is apparent for state controlled listed companies. While reforms have weakened the power to expropriate, separation remains and still generates expropriation. Size of expropriation is estimated to be 7 to 8 per cent of total asset at mean. If the \"one share, one vote\" principle were to be realized, asset inflation could be reduced by 13 percent.","subitem_description_type":"Abstract"}]},"item_14_identifier_registration":{"attribute_name":"ID登録","attribute_value_mlt":[{"subitem_identifier_reg_text":"10.20561/00037941","subitem_identifier_reg_type":"JaLC"}]},"item_14_publisher_7":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"Institute of Developing Economies　(IDE-JETRO)　"}]},"item_14_rights_5":{"attribute_name":"権利","attribute_value_mlt":[{"subitem_rights":"Copyrights 日本貿易振興機構（ジェトロ）アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp"}]},"item_14_subject_16":{"attribute_name":"日本十進分類法","attribute_value_mlt":[{"subitem_subject":"335.7","subitem_subject_scheme":"NDC"}]},"item_14_subject_17":{"attribute_name":"JEL分類","attribute_value_mlt":[{"subitem_subject":"JEL:G32 - Financing Policy; Capital and Ownership Structure","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:G34 - Mergers; Acquisitions; Restructuring; Corporate Governance","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:K22 - Corporation and Securities Law","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:O31 - Innovation and Invention: Processes and Incentives","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:P34 - Financial Economics","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:P31 - Socialist Enterprises and Their Transitions","subitem_subject_scheme":"Other"}]},"item_14_subject_19":{"attribute_name":"主題(図書館用)","attribute_value_mlt":[{"subitem_subject":"China","subitem_subject_scheme":"Other"},{"subitem_subject":"Government Enterprises","subitem_subject_scheme":"Other"},{"subitem_subject":"Corporate Governance","subitem_subject_scheme":"Other"},{"subitem_subject":"Concentrated Owner","subitem_subject_scheme":"Other"},{"subitem_subject":"Expropriation","subitem_subject_scheme":"Other"},{"subitem_subject":"State Owned enterprises","subitem_subject_scheme":"Other"}]},"item_14_text_32":{"attribute_name":"著者別名","attribute_value_mlt":[{"subitem_text_value":"渡邉, 真理子"}]},"item_14_version_type_15":{"attribute_name":"著者版フラグ","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_970fb48d4fbd8a85","subitem_version_type":"VoR"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"Watanabe, Mariko"}],"nameIdentifiers":[{"nameIdentifier":"44870","nameIdentifierScheme":"WEKO"}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_date","date":[{"dateType":"Available","dateValue":"2017-04-10"}],"displaytype":"detail","filename":"IDP000224_001.pdf","filesize":[{"value":"178.1 kB"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"label":"本文","url":"https://ir.ide.go.jp/record/37946/files/IDP000224_001.pdf"},"version_id":"5ac77ecc-b961-481b-abd4-46b091c60e06"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"technical report","resourceuri":"http://purl.org/coar/resource_type/c_18gh"}]},"item_title":"Separation of Control and Cash-Flow Rights of State Owned Listed Enterprises: Channels of Expropriation after the Discriminated Share Reform in China","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"Separation of Control and Cash-Flow Rights of State Owned Listed Enterprises: Channels of Expropriation after the Discriminated Share Reform in China"}]},"item_type_id":"14","owner":"19","path":["4101"],"pubdate":{"attribute_name":"公開日","attribute_value":"2010-03-09"},"publish_date":"2010-03-09","publish_status":"0","recid":"37946","relation_version_is_last":true,"title":["Separation of Control and Cash-Flow Rights of State Owned Listed Enterprises: Channels of Expropriation after the Discriminated Share Reform in China"],"weko_creator_id":"19","weko_shared_id":-1},"updated":"2023-07-27T15:43:34.480094+00:00"}