Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor | Faculty of Business | en_US |
dc.contributor.advisor | Tong, Wilson (AF) | - |
dc.creator | Ling, Shing Ping | - |
dc.identifier.uri | https://theses.lib.polyu.edu.hk/handle/200/10294 | - |
dc.language | English | en_US |
dc.publisher | Hong Kong Polytechnic University | - |
dc.rights | All rights reserved | en_US |
dc.title | Can minority shareholders' voice be uncovered and heard? : evidence from Hong Kong stock market | en_US |
dcterms.abstract | Type II agency problems on expropriation of interests by controlling shareholders over minority shareholders are common in Hong Kong and Asian countries. This study is to reveal the minority shareholders' voting decisions by examining a sample of 1,538 director re-election resolutions from AGM of listed companies with market capitalization over US$300 million at 31 December 2016 in Hong Kong stock market. Attendance rate of board meetings, number of directorship held, change in comprehensive income and duality are all statistical and economical significant as the key factors for minority shareholders to vote down the ED, NED/INED and nomination committee members. Evidence shows no association between voted down in recent AGM and director turnover before forthcoming AGM, no significant difference in directors' attendance rates in their three years' term, and controlling shareholders' stake being a significant deterrent to minority shareholders' vote participation. Recommendation is suggested to policy makers to requests listed companies to make separate disclosure of minority shareholders' voting results. | en_US |
dcterms.extent | iv, 147 pages : color illustrations | en_US |
dcterms.isPartOf | PolyU Electronic Theses | en_US |
dcterms.issued | 2019 | en_US |
dcterms.educationalLevel | D.B.A. | en_US |
dcterms.educationalLevel | All Doctorate | en_US |
dcterms.LCSH | Hong Kong Polytechnic University -- Dissertations | en_US |
dcterms.LCSH | Minority stockholders | en_US |
dcterms.LCSH | Corporations -- China -- Hong Kong | en_US |
dcterms.accessRights | restricted access | en_US |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
991022289506103411.pdf | For All Users (off-campus access for PolyU Staff & Students only) | 2.22 MB | Adobe PDF | View/Open |
Copyright Undertaking
As a bona fide Library user, I declare that:
- I will abide by the rules and legal ordinances governing copyright regarding the use of the Database.
- I will use the Database for the purpose of my research or private study only and not for circulation or further reproduction or any other purpose.
- I agree to indemnify and hold the University harmless from and against any loss, damage, cost, liability or expenses arising from copyright infringement or unauthorized usage.
By downloading any item(s) listed above, you acknowledge that you have read and understood the copyright undertaking as stated above, and agree to be bound by all of its terms.
Please use this identifier to cite or link to this item:
https://theses.lib.polyu.edu.hk/handle/200/10294