Showing 1 - 10 of 91
This paper provides the first systematic evidence on compensation for executives of firms listed in China’s emerging …, using comprehensive financial and accounting data on China’s listed firms from 1998 to 2002 (data modeled after Compustat … shareholder value in China. The size of the estimated sensitivities imply that a 1000 RMB increase in shareholder value yields a 0 …
Persistent link: https://www.econbiz.de/10005677675
Internet ventures in Beijing, China. The study found the positive and the negative contingent effects of structural holes on …
Persistent link: https://www.econbiz.de/10005784620
performance. On the one hand, concentration of ownership that, in turn, concentrates management control in the hands of a strategic investor, eliminates agency problems associated with dispersed ownership. On the other hand, it may lead to entrenchment of upper management which may be...
Persistent link: https://www.econbiz.de/10005677683
, and globalization. This section establishes the general parameters of the argument that democracy and peace are linked and … that there are serious charges that globalization works against democracy and thereby threatens the sustainability of peace …
Persistent link: https://www.econbiz.de/10005677485
The statistics regarding violence in today’s society are staggering. A newly released study published by the World Health Organization, making headlines in the Wall Street Journal (Oct. 3, 2002) reports that “Violence Took 1.6 Million Lives in 2000.” Notably, this report considers only the...
Persistent link: https://www.econbiz.de/10005677729
The role of government shareholding in corporate performance is central to an understanding of China’s newly privatized …
Persistent link: https://www.econbiz.de/10005784638
normal trade relations (PNTR) to China and China's anticipated membership in the World Trade Organization (WTO), the American … business community is apt to find more opportunity for investment in China. American investors are likely to be increasingly … their assets. The goal of this paper is to provide an analysis of the corporate governance system in China and offer some …
Persistent link: https://www.econbiz.de/10005652537
We study China's township-village enterprises (TVES) from an organizational perspective with a focus on governance …
Persistent link: https://www.econbiz.de/10005652587
Newly released data on corporate governance and disclosure practices reveal wide within-country variation, with the variation increasing as legal environment gets less investor friendly. This paper examines why firms practice high-quality governance when law does not require it; firm attributes...
Persistent link: https://www.econbiz.de/10005784593
internationalization/ globalization and (4) pressure exerted by the state in the form of legal regulation. If all four factors have an …
Persistent link: https://www.econbiz.de/10005784597