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Persistent link: https://www.econbiz.de/10008813091
The recent financial crisis has accelerated the debate of executive remuneration. Theoretically, there are divergences between the design of executive remuneration suggested by agency theory and reality. In this study, we contribute to this debate by re-visiting the theories underlying the...
Persistent link: https://www.econbiz.de/10009278684
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Persistent link: https://www.econbiz.de/10001491994
China has reformed its enforcement mechanisms of accounting practices, in particular, corporate governance, in order to facilitate the harmonisation of Chinese accounting practices with IFRS practices. However, this research reveals that the reformed corporate governance has not made a...
Persistent link: https://www.econbiz.de/10005242280
This paper examines the effect of guanxi on the relation between firm value and voluntary disclosure of information about new investment projects in China's institutional setting. We find a negative relation between firm value and voluntary disclosure for firms that rely more heavily on guanxi...
Persistent link: https://www.econbiz.de/10013088154
This study examines the impact of multi-tasking teams on fund performance. We find that while managerial multi-tasking has a negative impact on fund performance, teamwork can mitigate the adverse effect associated with managerial multi-tasking, which is indicative of superior performance of...
Persistent link: https://www.econbiz.de/10013245044
We examine how institutional factors influence the strategies entrepreneurial ventures use as they seek the knowledge they need to perform and compete. With a focus on economic and ecosystem development, we propose a framework of interrelations between two principal knowledge-search strategies,...
Persistent link: https://www.econbiz.de/10013313025
This book examines the success story of Seng Heng Bank (SHB), the successful acquisition of SHB by Industrial and Commercial Bank of China (ICBC), and the continuing sound management and performance of ICBC (Macau). It shows how a loss-making small bank grew into one of the best banks in Macao...
Persistent link: https://www.econbiz.de/10012508348
1. Introduction -- 2. Alibaba Group - The Evolution of Transnational Governance -- 3. Transnational Governance at Geely Auto During Its Acquisition of Volvo -- 4. Transnational Governance of Jinjiang Group's Acquisition of Interstate Hotels and Resorts -- 5. The Construction and Evolution of...
Persistent link: https://www.econbiz.de/10012400016