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Using a unique dataset of board proposal voting by individual independent directors of public companies in China from 2004 to 2009, we analyze the effects of career concerns and current reputation stock on independent directors' propensity to confront management. Younger directors and directors...
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Using newly available data, we examine the effects of the agency conflicts between ultimate controlling shareholders and minority shareholders in China's publicly listed firms between 2004 and 2009. We measure the severity of these agency problems by the excess control rights of the ultimate...
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This study compares the impact of antitrust regulations on firm market value for Chinese versus U.S. internet platforms. Applying an event study approach to daily stock market data during 2010–2022, we investigate the cumulative abnormal returns of Hong Kong- and U.S.-listed internet...
Persistent link: https://www.econbiz.de/10014348994
This study develops a conceptual framework to understand the differential impact of formal institutional regime shift in intellectual property rights on the patenting and innovation strategies of Chinese and Western firms operating in China. We argue that to the extent that Chinese firms have...
Persistent link: https://www.econbiz.de/10012902031