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Overstaff in state-owned enterprises (SOEs) is a key and difficult issue in the Chinese economic reform. This paper models the transition process in the reform that SOE overstaff is gradually absorbed by private enterprises and the economy grows through converting redundant SOE workers into...
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intuitively appealing explanation for the job gains and losses caused by privatization in China during its transition. The model …
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This paper analyses the relationship between corporate governance, state ownership and cross-listing by using data from 2,113 Chinese A-share listed firms during the period 2008 to 2013. Firstly, corporate governance features in state-owned vs. non-state-owned and cross-listed vs....
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This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using … comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on executive … cash compensation (salary and bonus) for top executives with respect to shareholder value in China. In addition, sales …
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-owned sector of the economy (FOSE), a best-performing sector in China's non-state-owned economy, has been decreasing since 2003 in …
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Previous studies have primarily focused on the relative success of collectively owned enterprises (COEs) in China …
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2016, we find that the pyramidal structures in China have not achieved the optimal partition of power between the state …
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