researchers pay a particular attention to banking governance. Specifically, shareholders-managers’ convergence of interests and … negative effect on performance. The results also reveal that managers lack control while the board of directors seems to exert …

Istanbul Stock Exchange (ISE) and examines the impact of ownership structure on performance and risk-taking behavior of Turkish … firms. Turkish corporations can be characterized as highly concentrated, family owned firms attached to a group of companies … generally owned by the same family or a group of families. Ownership structure is defined along two attributes: concentration …

-tier model. These findings support the preference of a two-tier board system for pyramidal structured companies hold by family …

prevalent in China after decades of economic reform. …

Using comprehensive financial and accounting data on China’s listed firms from 1998 to 2002, augmented by unique data … listing suspension mechanism, i.e., the ST designation, adopted by China’s securities regulatory agency appears to be … literature on economic transition, our findings suggest that any fundamental improvement in China’s corporate governance will …

managers and thus possibly making China’s listed firms less effective in solving the agency problem. As such, ownership …This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using … comprehensive financial and accounting data on China’s listed firms from 1998 to 2002, augmented by unique data on executive …