Showing 1 - 10 of 61
consistently for all performance measures including both stock return and various accounting measures that: (i) overall, CEO … turnover is significantly and inversely related to firm performance though the magnitude of the relationship is modest; (ii …) CEO turnover-performance link is stronger when the percentage of company shares owned by the largest shareholder is larger …
Persistent link: https://www.econbiz.de/10005566546
This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using … positive. Perhaps more importantly, we find that ownership structure of China’s listed firms has important effects on pay-performance … link in these firms. Specifically state ownership of China’s listed firms is weakening pay-performance link for top …
Persistent link: https://www.econbiz.de/10005566733
remains stubbornly high. This paper argues that Slovakia joined the euro area after a period of unprecedented real …
Persistent link: https://www.econbiz.de/10010627856
Comparing domestic- and foreign-owned firms in Germany, this paper finds that foreign-owned firms are more likely to … sent from the foreign parent company. Moreover, the physical distance between the foreign parent company and its German … subsidiary increases the probability of focusing on short-term profit. These findings conform to the hypothesis that foreign …
Persistent link: https://www.econbiz.de/10010884296
consistently reject job losses and they never imply large wage cuts from privatization to either foreign or domestic owners. The …; estimated foreign privatization effects are nearly always positive and sometimes large for both outcome variables. We find that … outcome of foreign ownership results from a substantial scale-expansion effect that dominates the productivity …
Persistent link: https://www.econbiz.de/10005233777
This paper documents the relationship between foreign ownership and firm survival for enterprises in Germany using … providing the first evidence on the role of foreign ownership for firm survival in Germany, one of the most important … destination countries for foreign direct investments. Our micro-econometric analysis reveals a ceteris paribus higher risk of exit …
Persistent link: https://www.econbiz.de/10009395445
We exploit organizational reforms in a foreign-owned bank in Central-East Europe to study the implementation of modern …
Persistent link: https://www.econbiz.de/10010721622
The present paper argues that the effect of corruption on foreign ownership is not necessarily linear and depends on … the level of host corruption. So long as the expected returns from foreign investments exceed its expected costs, higher … host corruption will be associated with higher foreign ownership. However, costs may exceed or exactly compensate the …
Persistent link: https://www.econbiz.de/10010698823
findings show that exporting and importing activities are important channels for the transfer of technology. Majority foreign …-owned firms are less likely to engage in technological innovations than minority foreign-owned firms or domestic firms. We … more mature than that transferred to minority-owned subsidiaries. Our findings also suggest that foreign-owned subsidiaries …
Persistent link: https://www.econbiz.de/10005822275
This paper evaluates the mobility patterns of Slovaks into the rest of the European Union (EU) following Slovakia's EU … labor market conditions in receiving countries and Slovakia. We show that besides the standard demographic factors …, migration propensity was higher among the unemployed and from the more depressed regions of Slovakia. We conclude that labor …
Persistent link: https://www.econbiz.de/10010959632