Similar Search Results

Does CEO Turnover Matter in China? Evidence from the Stock Market

Pessarossi, Pierre - 2014

We study the consequences of CEO turnover announcements on the stock prices of firms in China, where most listed firms …

Persistent link: https://www.econbiz.de/10013065392

Corporate Governance of Chinese Privatized Firms : Evidence from a Survey of Non-Listed Enterprises

Zhong, Ninghua - 2016

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

Can Chinese State Owned Enterprises Fulfill Both Social and Corporate Objectives? Efficiently?

Cheng, Quan - 2014

In China, state governance in corporations serves the purpose of Party control over the political, social, and economic …. Both objectives must be controlled and managed well through the corporate sector in order for China to successfully advance …

Persistent link: https://www.econbiz.de/10013058616

Resolving China's Zombies : Tackling Debt and Raising Productivity

Lam, W. Raphael - 2018

Nonviable 'zombie' firms have become a key concern in China. Using novel firm-level industrial survey data, this paper …

Persistent link: https://www.econbiz.de/10012929944

China’s Anti-Corruption Campaign and Credit Reallocation from SOEs to Non-SOEs

Li, Bo - 2018

We provide a novel empirical finding that the recent anti-corruption investigations in China are associated with credit …

Persistent link: https://www.econbiz.de/10012934797

Relative performance evaluation and executive compensation : evidence from Chinese listed companies

Chen, Donghua; Liang, Shangkun; Zhu, Pin - In: China journal of accounting research : CJAR 5 (2012) 2, pp. 127-144

This paper focuses on the effect of relative performance evaluation (RPE) on top managers’ compensation in Chinese public firms. Overall, we find no evidence of an RPE effect or any asymmetry in firms’ use of RPE. The results obtained using Albuquerque’s (2009) method are similar to those...

Persistent link: https://www.econbiz.de/10011825215

State ownership and firm performance : empirical evidence from Chinese listed companies

Yu, Mei - In: China journal of accounting research : CJAR 6 (2013) 2, pp. 75-87

While the relationship between state ownership and firm performance has been widely researched, the empirical evidence has provided mixed results. This study applies panel data regression techniques to 10,639 firm-year observations of non-financial Chinese listed firms during 2003–2010 to...

Persistent link: https://www.econbiz.de/10011825783

Corporate Governance and Resource Security in China - The Transformation of China's Global Resources Companies

Jia, Xinting; Tomasic, Roman - 2009

This book is based on an empirical study of China’s leading resources and metals companies and seeks to examine the … comparable foreign companies. The Chinese companies selected for this study included: Sinopec, PetroChina, China National … Offshore Oil Corporation (CNOOC) and the metals companies Aluminium Corporation of China (Chalco) and Baosteel. Comparisons …

Persistent link: https://www.econbiz.de/10014202573

The System of Incentives for Managers with Multitasks : Theory and Evidence from Chinese State-Owned Enterprises

Bai, Chong-En; Xu, Lixin Colin - 2001

The multitask principal-agent theory argues that incentive devices for the agent tend to be complementary due to the need for balanced allocation of effort among the tasks. A growing body of empirical literature appears to support this notion. However, when there can be several signals for each...

Persistent link: https://www.econbiz.de/10014124916

Kang, Sang Yop - 2020

This paper analyzes understudied aspects of related party transactions (RPTs) in China’s state-owned enterprises (SOEs …). Although it is well known that investors in China are subject to the problem of insufficient investor protection, this paper … demonstrates that SOEs gain a variety of additional benefits from government policies in China that favor the financial interests …

Persistent link: https://www.econbiz.de/10014096583