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Competition, Ownership, Corporate Governance and Enterprise Performance: Evidence from China*
16 references·2 citing·37 second hop
Competition, Ownership, Corporate Governance and Enterprise Performance: Evidence from China* (2004)Competition, Ownership, Corporate Governa…Enterprise Restructuring in Transition: A Quantitative Survey (2002)Enterprise Restructuring in T…State-Owned and Privately Owned Firms: An Empirical Analysis of Profitability, Leverage, and Labor Intensity (2001)State-Owned and Privately Own…When Does Privatization Work? The Impact of Private Ownership on Corporate Performance in the Transition Economies (1999)When Does Privatization Work?…Understanding the determinants of managerial ownership and the link between ownership and performance (1999)Understanding the determinant…Ownership structure and corporate governance in Chinese stock companies (1999)Ownership structure and corpo…Competition, Policy Burdens, and State-Owned Enterprise Reform. (1998)Competition, Policy Burdens, …A Theory of Privatization (1996)A Theory of PrivatizationThe Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis (1994)The Financial and Operating P…Politicians and Firms (1994)Politicians and FirmsAutonomy and Incentives in Chinese State Enterprises (1994)Autonomy and Incentives in Ch…Ownership versus competition: Efficiency in public enterprise (1992)Ownership versus competition:…Economic Perspectives on Privatization (1991)Economic Perspectives on Priv…Government Failures in Development (1990)Government Failures in Develo…Ownership and Performance in Competitive Environments: A Comparison of the Performance of Private, Mixed, and State-Owned Enterprises (1989)Ownership and Performance in …Moral Hazard in Teams (1982)Moral Hazard in TeamsSome Economics of Property Rights (1965)Some Economics of Property Ri…Competition, corporate governance and corporate performance (2015)Competition, corporate govern…Reforming China's SOEs: An Overview (2008)Reforming China's SOEs: An Ov…The Modern Corporation and Private Property (1933)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)The institutional environment for infrastructure investment (2002)China share issue privatization: the extent of its success (2003)An Inquiry into the Nature and Causes of the Wealth of Nations (1776)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Problems and the Theory of the Firm (1980)Political connections of newly privatized firms (2008)Public values and public interest: counterbalancing economic individualism (2008)State-owned Enterprises Around the WORLD as Hybrid Organizations (2014)On the Existence of an Optimal Capital Structure: Theory and Evidence (1984)Political Connections and Corporate Bailouts (2006)Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆ (2007)Earnings management and the underperformance of seasoned equity offerings11We thank Brad Barber (the referee), Randy Beatty, Vic Bernard, K.C. Chan, Kent Daniel, M. DeFond, Laura Field, David Heike, Chuan Yang Hwang, Jonathan Karpoff, S.P. Kothari, Charles Lee, Wayne Mikkelson (the editor), Tim Opler, Krishna Palepu, K. Ramesh, Jay Ritter, Terry Shevlin, Doug Skinner, Sheridan Titman, Ross Watts, Jerry Zimmerman, and seminar participants at the University of California Finance and Accounting Conference (Davis, March 1995), the NBER Corporate Finance Conference (Boston, August 1995), the Center for Research in Security Prices Seminar (Chicago, October 1995), the American Finance Association Conference (San Francisco, 1996), the American Accounting Association Conference (Chicago, August 1996), the University of Michigan, and the University of Rochester for helpful comments and discussions. (1998)From State to Market: A Survey of Empirical Studies on Privatization (2001)International Corporate Governance (2003)Large Shareholders and Corporate Control (1986)A Survey of Corporate Governance (1997)Corporate Philanthropy and Corporate Financial Performance: The Roles of Stakeholder Response and Political Access (2011)Demand for green finance: Resolving financing constraints on green innovation in China (2021)ESG disclosure and financial performance: Moderating role of ESG investors (2022)Specification Tests in Econometrics (1978)Separation of Ownership and Control (1983)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)How do family ownership, control and management affect firm value? (2005)Boards: Does one size fit all☆ (2007)Financial Intermediation and Delegated Monitoring (1984)General purpose technologies ‘Engines of growth’? (1995)A Behavioral Approach to the Rational Choice Theory of Collective Action Presidential Address, American political Science Association, 1997 (2010)The quality of government (1999)Politically Connected Firms (2006)New Structural Economics (2012)Understanding China's Growth: Past, Present, and Future (2012)The Relative Efficiency of Public and Private Firms in a Competitive Environment: The Case of Canadian Railroads (1980)Modularity in technology and organization (2002)Politically-Connected CEOs, Corporate Governance and Post-IPO Performance of China's Partially Privatized Firms (2005)
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References

  • 1982Moral Hazard in Teams4,992 cited
  • 1994Politicians and Firms3,440 cited
  • 1999Understanding the determinants of managerial ownership and the link between ownership and performance2,502 cited
  • 1994The Financial and Operating Performance of Newly Privatized Firms: An International Empirical Analysis1,416 cited
  • 2001State-Owned and Privately Owned Firms: An Empirical Analysis of Profitability, Leverage, and Labor Intensity1,218 cited
  • 1989Ownership and Performance in Competitive Environments: A Comparison of the Performance of Private, Mixed, and State-Owned Enterprises1,132 cited
  • 1965Some Economics of Property Rights1,049 cited
  • 1991Economic Perspectives on Privatization834 cited
  • 1999Ownership structure and corporate governance in Chinese stock companies787 cited
  • 1994Autonomy and Incentives in Chinese State Enterprises762 cited
  • 1998Competition, Policy Burdens, and State-Owned Enterprise Reform.727 cited
  • 1999When Does Privatization Work? The Impact of Private Ownership on Corporate Performance in the Transition Economies698 cited
  • 1990Government Failures in Development694 cited
  • 1996A Theory of Privatization646 cited
  • 2002Enterprise Restructuring in Transition: A Quantitative Survey

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544 cited
  • 1992Ownership versus competition: Efficiency in public enterprise490 cited
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    • 2008Reforming China's SOEs: An Overview59 cited
    • 2015Competition, corporate governance and corporate performance16 cited