This article focus on the relationship between company performance and ownership structure. The sample covers 1088 Chinese private companies listed in Shenzhen and Shanghai Security Exchanges between 2003 and 2012. To test Demsetz's endogenous hypothesis, we compared the results obtained by OLS...

This paper examines the determinants of executive compensation in Chinese banking during 2005-2012. Using the fixed effects panel, 2SLS and dynamic GMM regressions, I find that there is no significant positive pay performance relation, and CEO power does not necessarily exhibit higher levels of...

The financing method of Chinese listed firms has been studied for a long time, but with inconclusive indications. This paper thus adopts Chinese listed firms' data from 2003 to 2015 to investigate the pecking order theory by testing the relationship between financing deficit and long-term debt...