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Executive Compensation, Firm Performance, and State Ownership in China: Evidence from New Panel Data*

Kato, Takao; Long, Cheryl - William Davidson Institute, University of Michigan - 2004

This paper provides the first systematic evidence on compensation for executives of firms listed in China’s emerging stock market (currently the eighth largest of the world with market capitalization of over $550 billion). Specifically, using comprehensive financial and accounting data on...

Persistent link: https://www.econbiz.de/10005677675

The Dynamics of the Regulation of Labor in Developing and Developed Countries since 1960

Campos, Nauro; Nugent, Jeffrey - William Davidson Institute, University of Michigan - 2012

This paper examines both the determinants and the effects of changes in the rigidity of labor market legislation across countries over time. Recent research identifies the origin of the legal system as being a major determinant of the cross-country variation in the rigidity of employment...

Persistent link: https://www.econbiz.de/10010859440

Worker Morale in Russia: An Exploratory Study

linz, Susan J.; Good, Linda K.; Huddleston, Patricia - William Davidson Institute, University of Michigan - 2006

Despite unanimous agreement in the existing literature that morale influences employee performance, no well-defined measure of morale exists. Our study develops a robust measure of morale and focuses on the factors that influence morale among Russian workers. Survey data were collected from...

Persistent link: https://www.econbiz.de/10005652666

Determinants of Managerial Pay in the Czech Republic

Eriksson, Tor; Gottvald, Jaromir; Mrazek, Pavel - William Davidson Institute, University of Michigan - 2000

The purpose of this paper is to examine the determinants of the variation in Czech managers' pay levels. Among the … questions we attempt to answer are: Are the managers in state-owned firms compensated differently than those in private owned … data from a cross-section of Czech managers in 1998 and estimate earnings equations augmented with a host of explanatory …

Persistent link: https://www.econbiz.de/10005677453

Internet Entrepreneurship: Networks and Performance of Internet Ventures In China

BATJARGAL, BAT - William Davidson Institute, University of Michigan - 2005

This article examines the contingent value of entrepreneurs' networks to survival likelihood of Internet ventures, and the dynamics of entrepreneurs' networks over time. The empirical data are composed of the longitudinal surveys of 94 Internet ventures in Beijing, China. The study found the...

Persistent link: https://www.econbiz.de/10005784620

CONTRACT VIOLATIONS, NEIGHBORHOOD EFFECTS, AND WAGE ARREARS IN RUSSIA

Earle, John S.; Peter, Klara Sabirianova - William Davidson Institute, University of Michigan - 2004

We present a model of neighborhood effects in wage payment delays. Positive feedback arises because each employer’s arrears affect the late payment costs faced by other firms in the same local labor market, resulting in a strategic complementarity in the practice. The model is estimated on...

Persistent link: https://www.econbiz.de/10005784666

Community Norms and Organizational Practices: The Legitimization of Wage Arrears in Russia, 1992-1999

Earle, John S.; Spicer, Andrew; Peter, Klara Sabirianova - William Davidson Institute, University of Michigan - 2004

What role do community norms play in the diffusion and persistence of new organizational practices? We explore this question through an examination of the widespread practice of wage arrears, the late and nonpayment of wages, in Russia during the 1990s. Existing research on wage arrears most...

Persistent link: https://www.econbiz.de/10005784717

SOFTWARE ENTREPRENEURSHIP: KNOWLEDGE NETWORKS AND PERFORMANCE OF SOFTWARE VENTURES IN CHINA AND RUSSIA

BATJARGAL, BAT - William Davidson Institute, University of Michigan - 2005

This study examines the impact of entrepreneurs’ network structure and knowledge homogeneity/heterogeneity of their network members on product development, and revenue growth of software ventures in China and Russia. The empirical data are composed of structured interviews with 159 software...

Persistent link: https://www.econbiz.de/10005677662

Revenue Sharing and Control Rights in Team Production: Theories and Evidence from Joint Ventures.*

Bai, Chong-En; Tao, Zhigang; Wu, Changqi - William Davidson Institute, University of Michigan - 2003

This paper presents a model of the joint venture that is grounded in the stylized facts we found from a sample of 200 joint venture contracts. The model incorporates the revenue-sharing contract into the incomplete contract frameworks of Grossman-Hart-Moore Property Rights Theory and the...

Persistent link: https://www.econbiz.de/10005677685

Institutions, Networks and Entrepreneurship Development in Russia: An Exploration

Aidis, Ruta; Estrin, Saul - William Davidson Institute, University of Michigan - 2006

In this paper we explore the ways in which institutions and networks influence entrepreneurial development in Russia. By utilizing new Global Entrepreneurship Monitor (GEM) data collected in 2001, we investigate the effects of the weak institutional environment in Russia in terms of three...

Persistent link: https://www.econbiz.de/10005677688