Similar Search Results

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 …, 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

Does Institutional Quality Affect Firm Performance? Insights from a Semi-Parametric Approach

Bhaumik, Sumon; Dimova, Ralitza; Kumbhakar, Subal C.; … - William Davidson Institute, University of Michigan - 2012

Using a novel modeling approach, and cross-country firm level data for the textiles industry, we examine the impact of institutional quality on firm performance. Our methodology allows us to estimate the marginal impact of institutional quality on productivity of each firm. Our results bring...

Persistent link: https://www.econbiz.de/10010545915

Does Institutional Quality Affect Firm Performance? Insights from a Semi-Parametric Approach

Bhaumik, Sumon; Dimova, Ralitza; Kumbhakar, Subal C.; … - William Davidson Institute, University of Michigan - 2012

Persistent link: https://www.econbiz.de/10010552177

Social Capital and Entrepreneurial Performance in Russia: A Panel Study

Batjargal, Bat - William Davidson Institute, University of Michigan - 2000

Drawing on the social embeddedness perspective, this paper examines the impact of entrepreneurs' social capital on their firm performance in post-Soviet Russia. Based on face-to-face interviews with 75 Russian entrepreneurs in 1995, and the follow-up study in 1999, the study contrasts the...

Persistent link: https://www.econbiz.de/10005784594

Firm Performance in Bulgaria and Estonia: The effects of competitive pressure and disorganization

Konings, Jozef - William Davidson Institute, University of Michigan - 1998

This paper is concerned with the analysis of firm performance, measured as total factor productivity, using a panel of over 1200 Bulgarian and 200 Estonian firms. The main empirical conclusions are (i) higher Financial and competitive pressure improves firm performance in Bulgaria; (ii)...

Persistent link: https://www.econbiz.de/10005784673

Entrepreneurial Versatility, Resources and Firm Performance in Russia: A Panel Study

Batjargal, Bat - William Davidson Institute, University of Michigan - 2000

Drawing on the Upper-Echelons Perspective and Resource-Based View of the firm this paper explores effects of human-based resources of entrepreneurs, viz., social capital, human capital and entrepreneurial versatility, on firm performance in the context of a large transition economy - the Russian...

Persistent link: https://www.econbiz.de/10005784802

The Effect of Ownership and Competitive Pressure on Firm Performance in Transition Countries: Micro Evidence from Bulgaria, Romania and Poland

Angelucci, Manuela; Estrin, Saul; Konings, Jozef; … - William Davidson Institute, University of Michigan - 2002

This paper uses a unique representative firm level data set to analyse the effect of domestic and international competitive pressure and ownership changes in three emerging economies, Bulgaria Poland and Romania. Our main findings can be summarized as follows: Domestic competitive pressure,...

Persistent link: https://www.econbiz.de/10005677517

Firm Performance and the Political Economy of Corporate Governance: Survey Evidence for Bulgaria, Hungary, Slovakia and Slovenia

Walsh, Patrick Paul; Whelan, Ciara - William Davidson Institute, University of Michigan - 2000

Using survey data for 220 traditional manufacturing firms over 7 years of transition and 4 CEE countries, we find firms that produced for the EU market under planning consistently outperform those that produced for the CMEA market. Within the previously CMEA market, the best firms were selected...

Persistent link: https://www.econbiz.de/10005677528

THE EFFECTS OF PRIVATIZATION AND INTERNATIONAL COMPETITIVE PRESSURE ON FIRMS’ PRICE-COST MARGINS: MICRO EVIDENCE FROM EMERGING ECONOMIES1

Konings, Jozef; Cayseele, Patrick Van; Warzynski, Frederic - William Davidson Institute, University of Michigan - 2003

relevance for other emerging economies, such as China and Vietnam, which still have to undergo major privatization programs. …

Persistent link: https://www.econbiz.de/10005677637

Impact of M&A on firm performance in India: Implications for concentration of ownership and insider entrenchment

Bhaumik, Sumon Kumar; Selarka, Ekta - William Davidson Institute, University of Michigan - 2008

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