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China is undergoing its long-awaited industrial revolution. There is no shortage of commentary and opinion on this … the creation and nurturing of a continually growing market in China is based on this premise: The free market is a public … and the correct sequence of developmental stages; China has been successfully accomplishing its industrialization through …
Persistent link: https://www.econbiz.de/10012902904
Individuals dominate money in politics, accounting for over 90% of federal campaign contributions, yet studies of individuals' giving patterns are scarce. We construct a new dataset to examine all of the contributions made between 1991 and 2008 by all 2,198 people who served as S&P 500 CEOs for...
Persistent link: https://www.econbiz.de/10013112476
The current Chinese development model is nearing its limits. The World Bank has cautioned that China could find itself … in a “middle-income trap”. China recognizes that it must dramatically increase its capacity for innovation to avoid this … trap. This chapter provides an introduction to the enormous complexities and challenges that China faces in transforming …
Persistent link: https://www.econbiz.de/10012997380
There has always been a debate on the roles of government and market for economic growth and development. Economic development encompasses more than just growth; it seeks the betterment of the standard of living and higher Human Development Index. There is no single strategy that would be...
Persistent link: https://www.econbiz.de/10012869064
We examine the relationship of the financial expert CEOs on firm innovation. Using CEO individual-level and firm-level data across Chinese A-share market from 2008 to 2015, the Poisson model estimation shows that the financial expert CEOs have significant negative impacts on firm innovation....
Persistent link: https://www.econbiz.de/10012894850
This paper addresses the question of how bureaucratic incentives affect economic performance in China at the provincial …
Persistent link: https://www.econbiz.de/10012867096
China's state-owned enterprises (SOEs) now comprise over 60 percent of the largest 500 companies in China and more than … 10 percent of Fortune Global 500 companies in the world. Despite their importance to China's domestic economy and foreign … SOE executive recruitment and the evolution of educational, political and career attributes of the CEOs of China's large …
Persistent link: https://www.econbiz.de/10013007061
unique dataset from China and identify two extraordinary events of China that are likely to be formative experiences of CEOs …
Persistent link: https://www.econbiz.de/10013045346
This paper presents theoretical analysis of how career concerns and shareholder monitoring affect chief executive officer (CEO) agency costs. We investigate investment efficiency prior to CEO retirement based on a sample of Chinese state-owned enterprises (SOEs) during the 1999-2007 period and...
Persistent link: https://www.econbiz.de/10011844386
Persistent link: https://www.econbiz.de/10014428479