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Corporate governance and incentive contracts : historical evidence from a legal reform
Bayer, Christian (contributor); Burhop, Carsten (contributor) - 2008
This paper proposes to exploit a reform in legal rules of corporate governance to identify contractual incentives from … institutional environment, the reform of the German joint-stock companies act in 1884. We analyze a sample of executive pay for 46 … firms for the years 1870 to 1911. In 1884, a law reform substantially enhanced corporate control, strengthened the …
Persistent link: https://www.econbiz.de/10003730741
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Corporate governance and incentive contracts : historical evidence from a legal reform
Bayer, Christian; Burhop, Carsten - In: Explorations in economic history : EEH 46 (2009) 4, pp. 464-481
Persistent link: https://www.econbiz.de/10003891648
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Which firm-specific characteristics affect the market reaction of Chinese listed companies to the COVID-19 pandemic?
Xiong, Hao; Wu, Zuofeng; Hou, Fei; Zhang, Jun - In: Emerging markets, finance and trade : EMFT 56 (2020) 10, pp. 2231-2242
Persistent link: https://www.econbiz.de/10012261935
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Firms' COVID-19 pandemic exposure and corporate cash policy : evidence from China
He, Zhongda; Suardi, Sandy; Wang, Kai; Zhao, Yang - In: Economic modelling 116 (2022), pp. 1-10
Persistent link: https://www.econbiz.de/10014513120
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Economic policy uncertainty and its mediating effect on leverage on the adjustment speed of corporate investment : evidence from China
Lu, Hengzhen; Gao, Qiujin; Yick, Ho Yin - In: Applied economics letters 30 (2023) 20, pp. 2934-2946
Persistent link: https://www.econbiz.de/10014414090
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Firm response to competitive shocks : evidence fromm China's minimum wage policy
Hau, Harald; Huang, Yi; Wang, Gewei - 2016
Persistent link: https://www.econbiz.de/10011544636
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Firm response to competitive shocks : evidence from China's minimum wage policy
Hau, Harald; Huang, Yi; Wang, Gewei - 2016
The large regional variation of minimum wage changes in 2002-08 implies that Chinese manufacturing firms experienced competitive shocks as a function of firm location and their low-wage employment share. We find that minimum wage hikes accelerate the input substitution from labor to capital in...
Persistent link: https://www.econbiz.de/10011516714
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Firm response to competitive shocks : evidence from China's minimum wage policy
Hau, Harald; Huang, Yi; Wang, Gewei - 2016
The large regional variation in minimum wage levels in the period 2002-08 in China implies that Chinese manufacturing …
Persistent link: https://www.econbiz.de/10011519046