Showing 1 - 10 of 713
Persistent link: https://www.econbiz.de/10005061263
Persistent link: https://www.econbiz.de/10009793025
This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on executive compensation and ownership structure, we find for...
Persistent link: https://www.econbiz.de/10010267302
The promotion tournament as a potentially important incentive mechanism for top management in transition economies has not been examined by the emerging literature on managerial incentives in transition economies. This paper is the first attempt to fill this important gap in the literature. The...
Persistent link: https://www.econbiz.de/10010268884
Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on CEO turnover, ownership structure and board characteristics, we estimate Logit models of CEO turnover. We find consistently for all performance measures including both stock...
Persistent link: https://www.econbiz.de/10010274393
This paper makes some selective comparisons of the empirical evidence relating to financial discipline and soft budget constraints in the enterprise sector in China and the transition countries of Central and Eastern Europe and the former Soviet Union (CEEFSU). The paper finds that: (1) in both...
Persistent link: https://www.econbiz.de/10009476838
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … between globalization and income inequality differs across different groups of countries. There is a robust positive … relationship between globalization and inequality in the transition countries including China and most countries of Middle and …
Persistent link: https://www.econbiz.de/10011794198
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … between globalization and income inequality differs across different groups of countries. There is a robust positive … relationship between globalization and inequality in the transition countries including China and most countries of Middle and …
Persistent link: https://www.econbiz.de/10011815669
This paper applies a systems-oriented, "holistic" approach to China's radical economic reforms during the last quarter of a century. It characterizes China's economic reforms in terms of a multidimensional classification of economic systems. When looking at the economic consequences of China's...
Persistent link: https://www.econbiz.de/10010320034
I discuss the nature of the economic reforms in China during the last quarter of a century in the context of a typology of economic systems, emphasizing the interaction between economic and social mechanisms. I also consider China's options for further reforms. I focus on economic reforms that...
Persistent link: https://www.econbiz.de/10010320101