Showing 1 - 7 of 7
So far no existing study has analyzed what determines people’s trust in the IMF, the World Bank, and the WTO even though – in the absence of democratic accountability – this is one of the few ways to assess the legitimacy of these institutions. This study is intended to fill this gap in...
Persistent link: https://www.econbiz.de/10009359939
In this study, we examine the wealth effects of regulatory changes intended to improve corporate governance by protecting minority shareholders from expropriation by controlling shareholders. Using data from publicly traded Chinese firms, we find that these new regulations significantly...
Persistent link: https://www.econbiz.de/10011260290
How much of China’s recent economic performance can be attributed to market-oriented reforms introduced in the last two … Paper compares the integration of rice markets in China today and 270 years ago. In the 18th century, transport technology … pattern of interregional income in China is strongly linked to persistent geographic factors that were already apparent …
Persistent link: https://www.econbiz.de/10005136759
This study investigates the existence of regional convergence of per capita outputs in China from 1952 … developed; this test is based on the p-value combination approach suggested by Fisher (1932). Next, the test is applied to China …’s provincial real per capita outputs to examine the regional convergence in China. To obtain the p-values of unit root tests for …
Persistent link: https://www.econbiz.de/10005621418
This essay has explored the validity of Marxist dependency theories in the context of the emerging China-Africa trade … patterns, this discussion has shown that the China-Africa economic links represent a distinct south-south dialectic occurring … the idea that China’s involvement in Africa is of a conventional center-periphery type; which suggests the existence of …
Persistent link: https://www.econbiz.de/10005621967
We examine the wealth effects of three regulatory changes designed to improve minorityshareholder protection in the Chinese stock markets. Using the value of a firm’s related-party transactions as an inverse proxy for the quality of corporate governance, we find that firms with weaker...
Persistent link: https://www.econbiz.de/10005622187
production of vehicles in China and in East Asia is adding dynamism to the market and provoking strategy changes, and (iii) the … subcontractors. These new tendencies that include productive globalization, China and the new production chains require the …
Persistent link: https://www.econbiz.de/10005623484