Du, Mian; Chen, Siyan; Shao, Huan - In: Chinese Management Studies 8 (2014) 4, pp. 717-744
Purpose – The purpose of this paper is to investigate the relationship between corporate governance mechanism and firm … higher firm value make it easy to choose a better governance mechanism? Or they affect each other? In other words, this paper … tries to answer whether the corporate governance mechanism is only decided by institutional arrangement, or by market choice …