deteriorating significantly. We interpret the findings, based on the theory of institutional complementarity, and derive lessons for …

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 …

of interest concerns employee ownership (many workers at our case are employee owners). Consistent with agency theory we … policies in China. We find that again consistent with the agency view, earnings-tenure profiles are considerably steeper for …

predictions from the tournament theory to the context of transition economies in which state ownership still plays a significant … an optimal response of the winner's prize to the size of the contestant pool is more evident for China's listed firms … to decide on the tournament winner). Using comprehensive financial and accounting data on China's listed firms from 1998 …

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 …

predictions from the tournament theory to the context of transition economies in which state ownership still plays a significant … an optimal response of the winner's prize to the size of the contestant pool is more evident for China's listed firms … to decide on the tournament winner). Using comprehensive financial and accounting data on China's listed firms from 1998 …

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 …