This study focuses on the performance implications of firm capabilities in China's emerging economy. Specifically, we investigated the effects of marketing, technological, and production capabilities on firm performance from the institutional perspective with the traditional resource-based view....

Using a vector autoregressive (VAR) model with monthly data from 1988 through 2001, this study investigates factors that drive the excess returns on a widely followed mortgage-backed securities (MBS) index. We find that eight important economic variables (industrial productions, new home sales,...

Using transaction level data, we present the first analysis of the way that foreign investors choose among different types of United States real estate. Our findings based on the conditional logit model analysis for the 1980-91 period are consistent with the hypothesis that foreign investors...

This study examines the market-wide relations between the U.S. stock market and the credit default swap (CDS) market for the period of 2001-2007. Results indicate that the lead-lag relationship between the U.S. stock market and the CDS market depends on the credit quality of the underlying...

Competitive industry position has an impact on firms' export propensity and intensity. The resource-based view and the structure-conduct-performance paradigm of firm behavior are used to investigate whether firms with a competitive industry position through cost leadership or differentiation...

We examine the impacts of competitive industry position on firms’ export propensity and intensity in China. Drawing on the resource-based view and the structure-conduct-performance paradigm of firm behavior, we investigate whether firms with competitive industry position through cost...

Since the commencement of industrial reform in China, most Chinese state-owned enterprises have adopted a deferred executive compensation policy to provide incentives for their management teams. However, the effectiveness of such a policy needs to be evaluated. In this paper, we specify a model...

As monitoring mechanisms are critical to exporter-distributor relationships, the effectiveness of different types of monitoring mechanisms remains an important issue. Our study goes beyond the separate effects of monitoring mechanisms on opportunism, and tests the moderating effects of market...