Purpose: The purpose of this paper is to provide new evidence on the choice of performance measures used in dual-class firms to incentivize CEOs. Design/methodology/approach: This paper uses coarsened exact matching and propensity score matching to match the dual-class firm sample with a...

Purpose: This paper aims to focus on applications of stochastic linear programming (SLP) to managerial accounting issues by providing a theoretical foundation and practical examples. SLP models may have more implications – and broader ones – in industry practice than deterministic linear...

Purpose – To test the effects of ownership structure on the strategy and performance of former state‐owned enterprises (SOEs) in China. Design/methodology/approach – Based on a sample of the former state‐owned manufacturing firms listed on the Chinese Stock Exchanges before 1995, we...

One of the most important cultural values in Chinese societies is family‐oriented collectivism. This cultural value has had much impact on the structures and strategies of overseas Chinese firms. Influenced by this cultural value, traditional Chinese firms prefer family ownership and stress...