Showing 1 - 10 of 538
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 …
Persistent link: https://www.econbiz.de/10010262209
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/10010267302
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 …
Persistent link: https://www.econbiz.de/10010274393
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 …
Persistent link: https://www.econbiz.de/10005822452
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 …
Persistent link: https://www.econbiz.de/10005566546
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/10005566733
The paper analyses the arbitration of dismissal disputes by Australian labour courts over a 15 years' time span characterized by two major legal reforms to unfair dismissal statutes. We isolate two channels by which we think the social values of the Federal government affected the decisions of...
Persistent link: https://www.econbiz.de/10011345356
We consider the voting behavior of Supreme Court Justices, finding evidence of co-dependencies in their votes. Coincident with changes in the party imbalance of the Court over time, sharp discontinuities in these dependencies are evident. Overall, the patterns suggest a tradeoff between...
Persistent link: https://www.econbiz.de/10012006017
This paper tests predictions of a structural, augmented supply-of-offenders model regarding the relative effects of police, public prosecution and courts, respectively, on crime. Using detailed data on the different stages of the criminal prosecution process in Germany, empirical evidence...
Persistent link: https://www.econbiz.de/10010278371
Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This paper...
Persistent link: https://www.econbiz.de/10010278593