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This study investigates the influence of business strategy on the relationship between executive compensation and firm performance. Using cluster analyzes to classify a firm's business strategy, we predict and find that performance-linked compensation and managerial share ownership are more...
Persistent link: https://www.econbiz.de/10012719808
type="main" xml:lang="en" <title type="main">Abstract</title> <p>We investigate the impact of business strategy on the use of performance-linked compensation (PLC) and long-term incentive plans. We also examine the relation between strategy and compensation structure fit and performance. Using cluster and content analyses to...</p>
Persistent link: https://www.econbiz.de/10011036996
This article uses a unique panel data set of all large- and medium-sized joint ventures in the Chinese manufacturing sector to examine the linkage between the ownership structure and productivity of joint ventures. The results suggest that foreign participation, especially from Japan, Singapore,...
Persistent link: https://www.econbiz.de/10005785545
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We propose new specifications that explicitly account for information noise in the input data of bankruptcy hazard models. The specifications are motivated by a theory of modeling credit risk with incomplete information (Duffie and Lando [2001]). Based on over 2 million firm-months of data...
Persistent link: https://www.econbiz.de/10011108267
To investigate the status quo of heating supply and the impact of energy saving policies in northern China, a survey was conducted on the DHSs (district heating systems) in 15 Chinese cities. The average heating energy consumption was 19.2% lower than in 2008 due to the corresponding policies...
Persistent link: https://www.econbiz.de/10011077741
In order to study the development of organic agriculture in Taiwan in recent years, and based on relevant agriculture, economic and social statistics, the general scale of organic agriculture and industrial structure were treated with statistic analysis. Results suggest that the general scale of...
Persistent link: https://www.econbiz.de/10011078233
High energy prices, energy and environment security, concerns about petroleum supplies are drawing considerable attention to find a renewable biofuels. Biodiesel, a mixture of fatty acid methyl esters (FAMEs) derived from animal fats or vegetable oils, is rapidly moving towards the mainstream as...
Persistent link: https://www.econbiz.de/10010807143