This study was intended to estimate production of major livestock and poultry manure and contaminant content, and find out current situation of manure pollution, so as to provide reference for pollution control of livestock and poultry breeding industry in Guangxi. Based on the related statistic...

In this paper we investigate whether inefficient bank loans can reduce the value of borrowing firms when expropriation of the stock of minority shareholders by controlling shareholders is a major concern. Using data from Chinese banks, we find that bank loan announcements generate significantly...

Financial media are the most common information sources for retail investors. This paper investigates the reputation effect of financial journalists on capital markets. As the current financial crisis gets worse, the financial press has benefited from the economic plunge since both old and...

In this paper we investigate whether inefficient bank loans can reduce the value of borrowing firms when expropriation of the stock of minority shareholders by controlling shareholders is a major concern. Using data from Chinese banks, we find that bank loan announcements generate significantly...

Research by our co-author Weihua Huang suggests that according to the Hurun Wealth Report 2010, in China there are at least 875,000 USD millionaires, 1900 RMB billionaires (with over EUR 110 million), and 140 Chinese have made over RMB 10 billion. Many of these are comparatively young –...

This article examines whether the effect of hierarchical pay structures on firm value is different between the firms in which the CEO is not the highest paid member of the top management team and those in which the CEO receives the highest pay. We find that the difference in pay between CEO and...

This paper explores the types of family involvement in family firms and their impact on innovation performance. Drawing from our agency theoretical analysis on the structure of boards of directors and management teams and along with the resource-based view, we advance the novel proposition that...