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Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data … listing suspension mechanism, i.e., the ST designation, adopted by China's securities regulatory agency appears to be … literature on economic transition, our findings suggest that any fundamental improvement in China's corporate governance will …
Persistent link: https://www.econbiz.de/10003253453
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 …
Persistent link: https://www.econbiz.de/10003225948
cross-country variation in sentiment and risk indices constructed from domestic media narratives about China in 15 countries …. This impact is smaller for investors with greater familiarity or private information about China and larger during periods …
Persistent link: https://www.econbiz.de/10015107933
This paper explores the influence of wage and price staggering on monetary persistence. We show that, for plausible parameter values, wage and price staggering are complementary in generating monetary persistence. We do so by proposing the new measure of "quantitative inertia," after discussing...
Persistent link: https://www.econbiz.de/10003557342
This paper presents a comprehensive analysis of the role of capital taxation in advanced economies with a focus on the Swedish experience. We synthesize the existing theoretical literature, present facts about the capital stock and its distribution, review current capital tax practices and...
Persistent link: https://www.econbiz.de/10011845732
Persistent link: https://www.econbiz.de/10001912529
Persistent link: https://www.econbiz.de/10001776067
Income inequality can be measured at different levels of aggregation such as global, continental, international and national levels. Here we consider income inequality at the national level but the focus is on the within country regional inequality. Regional inequality in income distribution in...
Persistent link: https://www.econbiz.de/10002422179
We use enterprise data to analyse and contrast the determinants of enterprise performance in China and Russia. We find … that in China, enterprise growth and efficiency is associated with rapid increases in factor inputs, but not correlated …
Persistent link: https://www.econbiz.de/10002603928
The role of government shareholding in corporate performance is central to an understanding of China's newly privatized …
Persistent link: https://www.econbiz.de/10002603937