The role of government shareholding in corporate performance is central to an understanding of China?s newly privatized … large firms. In this paper, we analyze shareholders as agents that can both harm and benefit companies. We examine the …

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 …

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 … shareholders have weaker turnover-performance link. Consistent with the law and finance approach to corporate governance and the …

The role of government shareholding in corporate performance is central to an understanding of China’s newly privatized … large firms. In this paper, we analyze shareholders as agents that can both harm and benefit companies. We examine the …

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 … shareholders have weaker turnover-performance link. Consistent with the "law and finance" approach to corporate governance and the …

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 …

the business in accordance with their [the shareholders'] desires, which generally will be to make as much money as … maximizing shareholders to pick a manager who pursues this goal. We show in a formal model and in a series of lab experiments …

-voting) shareholders to veto unfavorable changes in their class rights. Based on a novel hand-collected dataset of dual class stock … significant effect of improved protection of preferred shareholders on the value of their shares. The result is robust to several …