Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data … listing suspension mechanism, i.e., the ST designation, adopted by China's securities regulatory agency appears to be … literature on economic transition, our findings suggest that any fundamental improvement in China's corporate governance will …

This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using … comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on executive … cash compensation (salary and bonus) for top executives with respect to shareholder value in China. In addition, sales …

In China, real estate and the stock market are the two main markets favored by both individual and institutional … stock market and real estate sector's trading volumes in 31 provinces of China. Its empirical results are based on panel …

reassignments of certain student groups into new peer groups, we also explore the reasons why herding occurs. The preponderance of … evidence suggests that social learning, as opposed to network externalities, is the key driver for herding behavior. …