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This study investigates the determinants of residual government ownership and the impact of such ownership on post-privatization performance in China. Using panel data on 514 firms for the period from 1999 to 2004, the similar sample period with previous studies, we find that government...
Persistent link: https://www.econbiz.de/10013125138
This paper investigates the decision to appoint politically connected top executives to Chinese listed state-owned enterprises (SOEs) when they face distressful conditions and whether such appointments enhance or reduce firm performance and corporate governance in subsequent years. China is the...
Persistent link: https://www.econbiz.de/10013112900
Using a sample of 8,232 firms from 81 countries, we investigate the effect of government ownership on financial constraint and the effect of financial constraint on corporate performance. In addition, we address the moderating role of country-level corruption on those two relationships. Results...
Persistent link: https://www.econbiz.de/10012943354
By using a dataset containing over 1,200 Chinese non-listed firms, this study examines the corporate governance of privatized firms. Based on the summary statistics for 22 governance structures, I find that privatized domestic private firms have set up stronger governance than domestic private...
Persistent link: https://www.econbiz.de/10013004652
Objective – The purpose of this research is to determine the effect of good corporate governance (GCG) on Indonesia's SOEs and the influence of state ownership on company performance.Methodology/Technique – This study examines State Owned Enterprises in Indonesia that were listed on the...
Persistent link: https://www.econbiz.de/10012924006
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