Lin, Chen; Su, Dongwei - In: Journal of Business Economics and Management 10 (2009) 4, pp. 291-311
<title>Abstract</title> Using data for 1203 publicly listed firms in China during 1999--2002, this paper empirically investigates whether and to what extent state control affects managerial incentives, including managerial compensation and CEO turnover. The paper finds that CEO turnover is negatively related...
