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English Abstract: The author proposes a new type of asset-backed security, called Exchange Traded Pieced Loan (ETPL), designed to address a variety of major issues for savers, lenders, borrowers, authorities and other stakeholders in China's markets for investment and credit. An ETPL's...
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The purpose of this paper is to analyze the impact of corporate governance on technical efficiency. We use the Translog stochastic production function to derive technical efficiency. Four empirical results are observed: (1) Technical efficiency has a negative relationship with the following two...
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statutory obligation triggered by negotiated takeover. This paper explains the results of the study and proposes to extend the … applicable scope of partial bids to negotiated takeovers which are a mainstream takeover method. China should formally learn from …
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the situation where the manager might underreport the firm's earnings to the shareholders or to the tax authorities and …
Persistent link: https://www.econbiz.de/10009216313
The English version of this paper is at: http://ssrn.com/abstract=878672 Chinese Abstract:...
Persistent link: https://www.econbiz.de/10014143728