Showing 1 - 10 of 11,531
This study investigates the impact of related party transactions (RPTs) on firm performance, with a focus on the moderating role of concentrated ownership in an emerging market context. The Random effect regression was utilized for Malaysian-listed firms from 2015 to 2019 to test these...
Persistent link: https://www.econbiz.de/10015393639
Using a sample of China's listed firms during 2007-2009, we examine the effect of internal and external corporate governance mechanisms on collateral requirements of bank loans. We find that governance of foreign shareholders, other large shareholders and the two-tier boards affect collateral...
Persistent link: https://www.econbiz.de/10013006767
Using a sample of 1470 cross-border mergers and acquisitions from 1997 through 2011, it finds two distinctive features of the financial market in China. First, better investor protection mechanisms at target countries, such as better law and order conditions, lower public sector corruption and...
Persistent link: https://www.econbiz.de/10013029172
Executive compensation in the U.S. banking industry has been criticized as a root cause of the recent financial crisis. This study examines the relationship between executive compensation, ownership structure, and firm performance for Chinese financial corporations during 2001-2009. The results...
Persistent link: https://www.econbiz.de/10013114386
Chinese listed firms recruit independent directors in order to build up connections with people who can provide useful sources and/or protection rather than for their monitoring of top managements. It is found that Chinese listed firms particularly prefer two types of Guanxi provided by...
Persistent link: https://www.econbiz.de/10013155615
This paper examines the effectiveness and the independence board by using all firms listed on the main board of China from 2000 to 2009. I find significant inverse relationship between supervisory board size and firm performance. In addition, I find evidence of a significant nonmonotonic...
Persistent link: https://www.econbiz.de/10013086141
This paper examines how the institutional features of emerging economies (i.e., government ownership, political connections, and market reform) influence CEO pay-dispersion incentives. Consistent with our expectation, we find that CEO pay dispersion generally provides a tournament incentive in...
Persistent link: https://www.econbiz.de/10013047800
This paper investigates venture capitalists' monitoring of managerial behaviour by examining their impact on CEO pay-performance sensitivity across various controlling structures in Chinese firms. We find that the effectiveness of venture capitalists' monitoring depends on different types of...
Persistent link: https://www.econbiz.de/10013047814
This article reviews empirical studies on the relationship between independent directors and firm performance in Chinese listed companies. The purpose is to generalize empirical evidence on the theoretical claim that independent directors can improve firm performance by performing their...
Persistent link: https://www.econbiz.de/10013056326
This paper investigates the impact of ownership and ownership concentration on the performance of China's listed firms. By recognizing the differences between ownership and ownership concentration and between total ownership concentration and tradable ownership concentration, we conduct simplex,...
Persistent link: https://www.econbiz.de/10013160286