Showing 1 - 10 of 4,041
China has accelerated and deepened bank reform since it joined the WTO in 2001. Employing a stochastic distance … governance changes on bank efficiency in China for the period 1995-2005. Our results show that bank efficiency has been improved … foreign competition is beneficial to China's on-going bank reform, and going-public is just a means to allow effective foreign …
Persistent link: https://www.econbiz.de/10014051403
Persistent link: https://www.econbiz.de/10012430440
Persistent link: https://www.econbiz.de/10014431504
We study when firms choose to install boards and their roles in a historical setting where neither boards nor their duties are mandated by law. Boards arise in firms with large, heterogenous shareholder bases. We propose that an important role of boards is to mediate between heterogenous...
Persistent link: https://www.econbiz.de/10013219462
Persistent link: https://www.econbiz.de/10003935359
Persistent link: https://www.econbiz.de/10010363533
Persistent link: https://www.econbiz.de/10010340691
Persistent link: https://www.econbiz.de/10010430055
Persistent link: https://www.econbiz.de/10001723445
We analyze the relationship between managerial ownership and company performance, testing the incentive and entrenchment hypothesis. Differently from previous literature, we focus on small and medium-sized private enterprises which constitute an important part of the German economy. We use a...
Persistent link: https://www.econbiz.de/10001633303