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This paper investigates the relationship between ownership concentration and enterprise performance in Ukraine. Using data on 376 medium and large enterprises, it finds that ownership concentration is positively associated with enterprise performance in Ukraine. The paper also finds that...
Persistent link: https://www.econbiz.de/10005826048
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 …
Persistent link: https://www.econbiz.de/10005566546
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 … cash compensation (salary and bonus) for top executives with respect to shareholder value in China. In addition, sales …
Persistent link: https://www.econbiz.de/10005566733
This paper is concerned with some corporate governance issues related to newly listed firms in China, based on a sample …
Persistent link: https://www.econbiz.de/10005236943
This paper is concerned with some corporate governance issues related to newly listed firms in China, based on a sample …
Persistent link: https://www.econbiz.de/10008538814
major actor in China's domestic capital allocation, with an active role in strategic financing and restructuring of key …
Persistent link: https://www.econbiz.de/10005190665
relationships among the Chinese government finance, state-owned enterprises (SOEs) and the banking system in China. According to … contagious in that crisis in any one corner could readily lead to crises in the others. However, China has so far managed to … avoid a financial crisis, which according to Dean (2001), is due to three reasons. Firstly, China remains willing to pour …
Persistent link: https://www.econbiz.de/10005744843
We find that Chinese state-owned enterprises (SOEs) that performed poorly before the global financial crisis performed better during the crisis, especially when they relied on bank debt. This suggests that state ownership mitigates financial constraints during times of financial crisis. Large...
Persistent link: https://www.econbiz.de/10010582652
China has been delaying its adoption of a flexible exchange rate system with free capital flows. The main excuse is … adopted by China in its banking reform since 1978 and then assess these reform measures in macroeconomic perspective. The … paper argues that since China is still lingering on export-oriented strategy in promoting economic growth and monetary …
Persistent link: https://www.econbiz.de/10005227623
This paper analyzes the impact of blockownership dispersion on firm value. Blockholdings by multiple blockholders is a widespread phenomenon in the U.S. market. It is not clear, however, whether dispersion among blockholder is preferable to having a more concentrated ownership structure. To test...
Persistent link: https://www.econbiz.de/10010986382