Showing 1 - 10 of 735
and disclosure (T&D) rules in particular can necessarily boost firm performance. Existing literature suggests that CG … reforms can boost performance because it can resolve the conflict of interest between the controlling and the minority owners … limited success to improve indices of firm performance in our sample. We argue that this arises from the predatory behavior of …
Persistent link: https://www.econbiz.de/10010282468
This paper provides the first rigorous econometric estimates on the pay-performance relations for executives of Korean … information not only on executive compensation and firm performance but also on Chaebol affiliation) for 246 firms that were … cash compensation of Korean executives is statistically significantly related to stock market performance and that the …
Persistent link: https://www.econbiz.de/10010267324
This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using … positive. Perhaps more importantly, we find that ownership structure of China's listed firms has important effects on pay-performance … link in these firms. Specifically state ownership of China's listed firms is weakening pay-performance link for top …
Persistent link: https://www.econbiz.de/10010267302
Despite its lack of attractiveness to other countries, the German system of quasi-parity codetermination at company level has held up remarkably well. We recount the theoretical arguments for and against codetermination and survey the empirical evidence on the effects of the institution, tracing...
Persistent link: https://www.econbiz.de/10010269284
consistently for all performance measures including both stock return and various accounting measures that: (i) overall, CEO … turnover is significantly and inversely related to firm performance though the magnitude of the relationship is modest; (ii …) CEO turnover-performance link is stronger when the percentage of company shares owned by the largest shareholder is larger …
Persistent link: https://www.econbiz.de/10010274393
This paper provides the first rigorous econometric estimates on the pay-performance relations for executives of Korean … information not only on executive compensation and firm performance but also on Chaebol affiliation) for 246 firms that were … cash compensation of Korean executives is statistically significantly related to stock market performance and that the …
Persistent link: https://www.econbiz.de/10005822774
consistently for all performance measures including both stock return and various accounting measures that: (i) overall, CEO … turnover is significantly and inversely related to firm performance though the magnitude of the relationship is modest; (ii …) CEO turnover-performance link is stronger when the percentage of company shares owned by the largest shareholder is larger …
Persistent link: https://www.econbiz.de/10005566546
This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using … positive. Perhaps more importantly, we find that ownership structure of China’s listed firms has important effects on pay-performance … link in these firms. Specifically state ownership of China’s listed firms is weakening pay-performance link for top …
Persistent link: https://www.econbiz.de/10005566733
The role of government shareholding in corporate performance is central to an understanding of China?s newly privatized …
Persistent link: https://www.econbiz.de/10010262209
This paper provides empirical evidence consistent with the facts that (1) social networks may strongly affect board composition and (2) social networks may be detrimental to corporate governance. Our empirical investigation relies on a unique dataset on executives and outside directors of...
Persistent link: https://www.econbiz.de/10010267612