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Using a large panel of Chinese listed companies over the period 2004-2010, we document that both export propensity and intensity increase with managerial ownership up to a point of around 23%-27%, and decrease thereafter. In addition, we find a negative association between state ownership and...
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This is an empirical study that examines the underpricing and aftermarket long-term performance of IPOs in China and … China. The findings demonstrate that initial IPO returns influence the market value long-term and that the ownership …
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In recent years, there has been an increasing interest in assessing the effectiveness of corporate governance in China …
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This paper investigates pay dispersion and its effects on firm performance in China's listed firms. Due to weak … investor protection and an inefficient legal system, China is expected to have a lower level of corporate governance. In this …
Persistent link: https://www.econbiz.de/10013008988
dispersion generally provides a tournament incentive in China's emerging market, as it is positively associated with firm … politically connected, but it became stronger after the China's split-share structure reforms. Further, we find that in state …
Persistent link: https://www.econbiz.de/10013047800