contracts. Our findings about the determinants of incentive devices in China support predictions of the agency theory and the …

panel data set of CEO contracts from more than 300 state-owned enterprises in China, support most of the theoretical …

This paper examines the differential between the share prices of China's large state-owned commercial banks traded in …

We examine whether firms manipulate their reported earnings after winning investment project bids. China's adoption of …

owned enterprises (POEs) in China to complete cross-border acquisitions. Using a sample of Chinese POEs from 2007 to 2016 … in China exhibit better corporate governance …

enterprises (POEs) in China. Using a sample of Chinese POEs from 2007 to 2016, we show that politically connected POEs are more … lower coupon rates (i.e., lower refinancing costs). We also find that corporate bond-issuing POEs in China have weaker … corporate governance. Overall, our results suggest that the corporate bond market in China is strongly influenced by political …

constructing dynamic investment decision-making model, we find corporate investment heterogeneity in China due to their different …

We study the efficiency of capital allocations at state-controlled and privately owned business groups in China. Using …

We study the efficiency of capital allocations at state-controlled and privately owned business groups in China. Using …