Showing 1 - 10 of 22
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...
Persistent link: https://www.econbiz.de/10013053830
government has a negative relationship to technical efficiency. (4) In sum, insider ownership is unfavorable to the technical … efficiency of the Taiwanese IC industry, but manager ownership is beneficial to the technical efficiency of the Taiwanese IC …
Persistent link: https://www.econbiz.de/10008555939
Persistent link: https://www.econbiz.de/10003600943
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
applicable scope of partial bids to negotiated takeovers which are a mainstream takeover method. China should formally learn from … statutory obligation triggered by negotiated takeover. This paper explains the results of the study and proposes to extend the …
Persistent link: https://www.econbiz.de/10012839118
The English version of this paper is at: http://ssrn.com/abstract=878672 Chinese Abstract:...
Persistent link: https://www.econbiz.de/10014143728
Persistent link: https://www.econbiz.de/10013054031
, such as national strategy, ownership structure and interest groups. On this basis, it puts forward some suggestions for the …
Persistent link: https://www.econbiz.de/10013244669
the factors of the issuing costs, information asymmetry, growth opportunity, credit quality and managerial ownership … ownership use less non-bank private debts. …
Persistent link: https://www.econbiz.de/10008555953
The aim of this paper is to re-examine the sequential-financing hypothesis in the context of convertible bond issuances from firms listed on the Taiwan Stock Exchange from 1994 to 2003. The results contend that announcements of convertible debt offerings are, on average, associated with...
Persistent link: https://www.econbiz.de/10008541454