Executive compensation: NYSE and NASDAQ listed firms

Executive integrity, audit opinion, and fraud in Chinese listed firms

Article history: Received 5 February 2012 Received in revised form 15 October 2012 Accepted 31 December 2012 Available online 8 January 2013 We examine the influence of auditors onmitigating corporate fraud in China, which is known to have weak legal enforcement, weak investor protection along with tight control of the media and labour unions. We find that firmswith executives that have lower i...

CEO Compensation in Cooperatives versus Publicly Listed Firms

Executive Compensation, Firm Performance, and Corporate Governance in China: Evidence from Firms Listed in the Shanghai and Shenzhen Stock Exchanges

Executive Compensation, Firm Performance, and Corporate Governance in China: Evidence from Firms Listed in the Shanghai and Shenzhen Stock Exchanges 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 comp...

Continuations, Reversals, and Adverse Selection on the Nasdaq and NYSE/AMEX

We show that estimates of adverse selection in the bid-ask spread obtained using methodologies based on Glosten (1987) can be expressed as a weighted average of adverse selection calculated using continuations (successive trades in the same direction) and reversals (successive trades in opposite directions). For example, the methodology of George, Kaul, and Nimalendran (1991) implicitly exclude...

executive compensation and firm performance: shareholders perspective

this study addresses executive compensation from shareholders perspective by empirically examining the effects of chief executive officer (ceo) compensation on firm performance subsequent to the year of compensation. three factors of ceo compensation are examined, size, total annual compensation; form percentage of total compensation comprised of cash, cash bonuses and stock; and sensitivity. t...