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The study examines lagged economic effects of research and development (R&D) investment on the market value of manufacturing firms listed on the Shanghai Stock Exchange or the Shenzhen Stock Exchange in China. This study applies panel data analysis methods to address the following issues: 1)...
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The research investigates the relationship between ownership structure and the financial performance of Chinese manufacturing firms after the implementation of the 2005 reform of tradable and non-tradable shares. Using data from 2011 to 2014 and hand-collected ownership information, the results...
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of corrupt activities on firm productivity in Vietnam. We found that the bribe intensity instead of whether firms bribed … state officials or not (measured by a dummy variable) has a negative effect on firm productivity when the endogeneity of …
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