Ownership changes in state owned enterprises (SOEs) alter the ownership structure and in turnimpact upon the corporate governance of the enterprises. Combined, these have been importantconsiderations within the SOE reform process, particularly since the 1997 zhuada fangxiaocommitment. The...

In this paper the relationship between leverage, performance and a firm’s ownership structure is investigated. It is an exploratory study based on listed firms in China, that is all firms listed on the Shanghai and Shenzhen stock exchanges from 1999 to 2005. The results of an empirical...

In this paper the question is addressed asking, 'Is Timeshare Ownership an Investment Product?' After some discussion, the conclusion is that the purchaser outlays funds for economic benefit, thus timeshare fits well within the definition of an investment product. The paper also adds to the...

This paper investigates the relationship between firm performance and corporate governancein China. Firm performance is measured by Tobin's Q, while corporate governance is determinedbased on ownership structure and concentration. Prior research, in both China and elsewhere,indicates that...

The 2005 policy decision to change the status of non-tradable state and non-state shares into tradable A shares ushers in a new era in the stock markets of China. Over time all of these shares will be tradable and potentially transferred to foreign and domestic private sector investors. These...

This study investigates the relationship between firm ownership structure and performance for a comprehensive sample of Chinese listed firms for the period from 2000 to 2004. We find a convex relationship between state ownership and firm value, i.e. ownership by the state is beneficial at levels...

The relationship between leverage, profitability and a firm's ownership structure in China is investigated in this paper. It is an exploratory study based on all firms listed on the Shanghai and Shenzhen stock exchanges from 1999 to 2005. The results of the empirical analysis are reported in...

This study investigates whether ownership structure has a significant effect on the performance of listed firms in China. It also investigates what level of Chinese institutional ownership may be the most advantageous. The results of the empirical analysis of firms listed on the Shanghai and...

Ownership changes in state owned enterprises (SOEs) alter the ownership structure and in turn impact upon the corporate governance of the enterprises. Combined, these have been important considerations within the SOE reform process, particularly since the 1997 zhuada fangxiao commitment. The...