6Bai, Chong-En, Qiao Liu, and Frank Song, 2002, "The Value of Corporate Control: Evidence from China' s ST Companies." Working Paper, CCFR, University of Hong Kong.
7Berle, Adolf, and Gardiner Means, 1932, The Modern Corporation and Private Property. New York: Macmillan.
8Chen, Zhiwu, and Peng Xiong, 2002, The lUiquidity Discount in China. International Center for Financial Research, Yale University.
9Chow, Kogn Wing, Kit Pong Wong, and Frank Song, 2002, "Investment and the Soft Budget Constraint in China", working paper, CCFR,University of Hong Kong.
10Claessens, Stijin, Simeon Djankov, and Larry Lang, 2000, "The Separation of Ownership and Control in East Asian Corporations." Journal of Financial Economics, 58,1: 81-112.
