The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.
Private Benefits of Control, Ownership, and the Cross‐listing Decision
Open accessAbstract
This paper investigates how a foreign firm's decision to cross‐list on a U.S. stock exchange is related to the consumption of private benefits of control by its controlling shareholders. Theory has proposed that when private benefits are high, controlling shareholders are less likely to choose to cross‐list in the United States because of constraints on the consumption of private benefits resulting from such listings. Using several proxies for private benefits related to the control and cash flow ownership rights of controlling shareholders, we find support for this hypothesis with a sample of more than 4,000 firms from 31 countries.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
La Porta, R., Lopez‐de‐Silanes, F., Shleifer, A., & Vishny, R. W. (1998) · Journal of Political Economy · doi:10.1086/250042 · Cited by 18,025
A Survey of Corporate Governance
Shleifer, A., & Vishny, R. W. (1997) · The Journal of Finance · doi:10.1111/j.1540-6261.1997.tb04820.x · Cited by 16,243
The separation of ownership and control in East Asian Corporations
Claessens, S., Djankov, S., & Lang, L. H. P. (2000) · Journal of Financial Economics · doi:10.1016/s0304-405x(00)00067-2 · Cited by 5,754
Cited by
LEUZ, C., & WYSOCKI, P. D. (2016) · Journal of Accounting Research · doi:10.1111/1475-679x.12115 · Cited by 1,760
Transparency, Liquidity, and Valuation: International Evidence on When Transparency Matters Most
LANG, M., LINS, K. V., & MAFFETT, M. (2012) · Journal of Accounting Research · doi:10.1111/j.1475-679x.2012.00442.x · Cited by 821
Self-citationDifferent approaches to corporate reporting regulation: How jurisdictions differ and why
Leuz, C. (2010) · Accounting and Business Research · doi:10.1080/00014788.2010.9663398 · Cited by 425
Does Governance Travel around the World? Evidence from Institutional Investors
Aggarwal, R., Erel, I., Ferreira, M. A., & Matos, P. P. (2010) · SSRN Electronic Journal · doi:10.2139/ssrn.1361143 · Cited by 365
Metadata
- Authors
- DOIDGE, C., KAROLYI, G. A., LINS, K. V., MILLER, D. P., & STULZ, R. M.
- Venue
- The Journal of Finance
- Publisher
- Wiley
- Published
- 2009-01-23
- Volume
- 64
- Issue
- 1
- Pages
- 425-466
- ISSN
- 0022-1082 (ISSN-L)
- 1540-6261
- OpenAlex
- W3122975194
- Cited by
- 414
- References
- 3
- FWCI
- 156.74
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Private Benefits of Control, Ownership, and the Cross‐listing Decision. https://app.cochat.ai/papers/10.1111/j.1540-6261.2008.01438.x
- The paper
- DOIDGE, C., KAROLYI, G. A., LINS, K. V., MILLER, D. P., & STULZ, R. M. (2009). Private Benefits of Control, Ownership, and the Cross‐listing Decision. The Journal of Finance. https://doi.org/10.1111/j.1540-6261.2008.01438.x
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.