Given the relatively underdeveloped capital market and financing difficulties in China,more and more Chinese enterprises choose to list in U.S. market. By constructing a quantitative index that can more effectively evaluate strategic risk governance,and by using a more strict sample matching approach to get 1640 observations of matched sample and Chinese companies listed in the U.S. between 2007 and 2014,and using Heckman two-step method and system GMM method to control potential endogenous problems,this pa...
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