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), designed to address a variety of major issues for savers, lenders, borrowers, authorities and other stakeholders in China …
Persistent link: https://www.econbiz.de/10013053830
Persistent link: https://www.econbiz.de/10001703092
comparative study of the partial bid regimes in mainland China, the United Kingdom, Japan and other relevant jurisdictions, and … makes an empirical analysis of partial bids launched by Chinese acquirers. It is found that the partial bid regimes in China … and Japan have similar functions. In China, partial bids were launched on a voluntary basis by acquirers mainly to …
Persistent link: https://www.econbiz.de/10012839118
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English Abstract: The shareholding disclosure rules of the United States transplanted to China did not solve investor …. This paper systematically compares the shareholding disclosure rules of mainland China with those of the United States …, Japan, South Korea, Singapore, Hong Kong and Taiwan. China's experience refutes some general theoretical assumptions of …
Persistent link: https://www.econbiz.de/10013244669
This paper attempts to analyze corporate tax evasion in a principal-agent framework. We assume that the firm's profit is positively related to managerial effort and that the executive compensation is profit-based. In addition, we consider the situation where the manager might underreport the...
Persistent link: https://www.econbiz.de/10009216313
English Abstract: This article assesses the development of the formal legal system in China and analyzes its role in … and contract -- provides little explanatory power for China …
Persistent link: https://www.econbiz.de/10014143728
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...
Persistent link: https://www.econbiz.de/10008555939
Persistent link: https://www.econbiz.de/10013064549
Chinese Abstract: MM 命题的最大贡献是提出完美市场假设和使用套利证明方法。本文回顾了完美市场假设和无套利原理,然后对 MM...
Persistent link: https://www.econbiz.de/10012854798