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Executive compensation, firm performance, and corporate governance in China : evidence from firms listed in the Shanghai and Shenzhen stock exchanges
Kato, Takao (contributor); Long, Cheryl (contributor) - 2005
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 …
Persistent link: https://www.econbiz.de/10003225948
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Technological capabilities and patterns of cooperation of UK firms : a regional investigation
Iammarino, Simona; Piva, Mariacristina; Vivarelli, Marco; … - 2009
This paper focuses on the relationship between firms' technological capabilities and different forms of cooperation for innovation by combining the analysis of both micro and meso levels, i.e. the level of the firm and of the geographical region. Our findings, based on the Fourth UK Community...
Persistent link: https://www.econbiz.de/10003831766
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Resource allocation and firm scope
Friebel, Guido (contributor); Raith, Michael (contributor) - 2006
We develop a theory of firm scope in which integrating two firms into one facilitates the allocation of resources, but leads to weaker incentives for effort, compared with non-integration. Our theory makes minimal assumptions about the underlying agency problem. Moreover, the benefits and costs...
Persistent link: https://www.econbiz.de/10003464116
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Determinants and policy simulation of firms cooperation in innovation
Heshmati, Almas; Lenz-Cesar, Flávio - 2013
This research introduces an agent-based simulation model representing the dynamic processes of cooperative R&D in the manufacturing sector of South Korea. Firms' behavior is defined according to empirical findings on the Korean Innovation Survey 2005 and captured in a multivariate probit...
Persistent link: https://www.econbiz.de/10009766256
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Do inventors talk to strangers? : on proximity and collaborative knowledge creation
Crescenzi, Riccardo; Nathan, Max; Rodríguez-Pose, Andrés - 2013
This paper investigates how physical, organisational, institutional, cognitive, social, and ethnic proximities between inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper systematically explores the net effects of all...
Persistent link: https://www.econbiz.de/10010224594
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Time is on my side : relational contracts and aggregate welfare
Kukharskyy, Bohdan; Plüger, Michael - 2018
This paper develops a simple general equilibrium model which establishes a link between the patience of economic agents and the well-being of nations. We show that firms in long-term oriented countries can mitigate hold-up inefficiencies by engaging with their suppliers in relational contracting...
Persistent link: https://www.econbiz.de/10011810338
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Employer cooperation, productivity, and wages : new evidence from inter-firm formal network agreements
Devicienti, Francesco; Grinza, Elena; Manello, Alessandro; … - 2022
Using uniquely rich administrative matched employer-employee data, we investigate the impact of formal network agreements (FNAs) among firms under two perspectives. First, we assess the impact of joining a FNA on several indicators of firm performance, and total factor productivity. Second, we...
Persistent link: https://www.econbiz.de/10013414729
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Filling the gap : the consequences of collaborator loss in corporate R&D
Poege, Felix; Gäßler, Fabian; Hoisl, Karin; Harhoff, … - 2022
We examine how collaborator loss affects knowledge workers in corporate R&D. We argue that such a loss affects the remaining collaborators not only by reducing their team-specific capital (as argued in the prior literature) but also by increasing their bargaining power over the employer, who is...
Persistent link: https://www.econbiz.de/10013414730
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The quantity-quality tradeoff of children in a developing country : identification using Chinese twins
Li, Hongbin (contributor); Zhang, Junsen (contributor);  … - 2007
attainment in China. We find a negative correlation between family size and child outcome, even after we control for the birth … effect of family size on children's education. We also find that the effect of family size is more evident in rural China …-quality tradeoff of children in developing countries. -- Quantity-quality tradeoff ; twins ; China …
Persistent link: https://www.econbiz.de/10003641527
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Urban-rural consumption inequality in China from 1988 to 2002 : evidence from quantile regression decomposition
Qu, Zhaopeng (contributor); Zhao, Zhong (contributor) - 2008
One of the most notable social phenomena in China is the large urban-rural disparity. There are many studies of it, but … and rural households in China from 1988 to 2002. Our results suggest that low quantiles are associated with large … ; consumption ; quantile regression decomposition ; China …
Persistent link: https://www.econbiz.de/10003752846