Xueting Zhang

UNSW Australia Business School, School of Banking and Finance

Sydney, NSW 2052

Australia

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Trust and Corporate Ownership Structure

HKU Jockey Club Enterprise Sustainability Global Research Institute Paper No. 2026/084

Number of pages: 64 Posted: 07 May 2026 Last Revised: 01 Jun 2026

Xueting Zhang, Leo Liu, Fariborz Moshirian and Bohui Zhang

UNSW Australia Business School, School of Banking and Finance, University of Technology Sydney (UTS), Institute of Global Finance, UNSW Business School and The Chinese University of Hong Kong, Shenzhen

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