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DC FieldValueLanguage
dc.contributorFaculty of Businessen_US
dc.contributor.advisorTong, Wilson (AF)-
dc.creatorLing, Shing Ping-
dc.identifier.urihttps://theses.lib.polyu.edu.hk/handle/200/10294-
dc.languageEnglishen_US
dc.publisherHong Kong Polytechnic University-
dc.rightsAll rights reserveden_US
dc.titleCan minority shareholders' voice be uncovered and heard? : evidence from Hong Kong stock marketen_US
dcterms.abstractType 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.extentiv, 147 pages : color illustrationsen_US
dcterms.isPartOfPolyU Electronic Thesesen_US
dcterms.issued2019en_US
dcterms.educationalLevelD.B.A.en_US
dcterms.educationalLevelAll Doctorateen_US
dcterms.LCSHHong Kong Polytechnic University -- Dissertationsen_US
dcterms.LCSHMinority stockholdersen_US
dcterms.LCSHCorporations -- China -- Hong Kongen_US
dcterms.accessRightsrestricted accessen_US

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Please use this identifier to cite or link to this item: https://theses.lib.polyu.edu.hk/handle/200/10294