This paper evaluates performance differences between government owned, mixed sector and private sector enterprises in India for the period 1973–1974 to 1988–1989. The results establish that enterprises owned by the central government and state governments are less efficient than mixed or private sector enterprises, while mixed sector enterprises are less efficient than those in the private sect...

A new corporate governance model for SOEs with Chinese characteristics was implemented in China 2016, which a 4 + 1 (Chinese Communist Party committee, shareholders’ meeting, board of directors, supervisors managers) structure formed by integrating the organization into traditional Western 3 (shareholders’ managers), and it major breakthrough modern enterprise system characteristics. With this ...

Article history: Received 14 April 2014 Received in revised form 5 June 2015 Accepted 15 June 2015 Available online 20 June 2015 This paper investigates the impact of CEO career concerns on a firm's investment efficiency for publicly listed Chinese companies from 2002 to 2009. We use CEO age and appointment of new CEO as proxies for CEO career concerns. For thewhole sample, we demonstrate that ...

Although there have been numerous studies on environment, society, and governance (ESG), its impact firm export has not often examined. In this paper, we use the panel data of Chinese listed firms a newly constructed ESG index to estimate intensity. We further test likely channels through which can affect intensity, including innovation channel financing constraints channel. The findings show t...

Abstract Faultlines can affect a board of director’s effectiveness in supervising senior managers, which turn affects the value company’s cash holdings. Based on sample data from Chinese A-share listed companies 2004 to 2016, we examine relationship between faultlines and The empirical results indicate that have significant inhibitory effect holding value. This is stronger for resulting deep-le...

The main objective of this research is to analyze the performance audit committee, internal audit, and religiosity manager on implementation good corporate governance (GCG) its implication for fraud. study was conducted at State-owned enterprises (SOEs) in Indonesia. population all SOEs Indonesia, number samples 89 (based Slovin formula). sampling method used a simple random technique. data obt...

Charitable donations are an effective way for heavy-pollution industries to reduce their environmental reputation risk. In China, the communist party committees within corporations play a key role in decisions regarding charitable donations. However, relatively little is known about relationship between governance of corporate and Using data from Chinese listed firms 2013 2018, we found that co...

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Environmental protection is the top priority in development process of all countries world, which directly affects public health. In response to growing environmental challenges, government implementing increasingly stringent industry supervision and regulations. However, impact regulation on investment has not formed a unified conclusion, few studies have discussed this effect at micro-enterpr...

The quality of governance crucially affects corporate outcomes, and may be particularly important for state-owned enterprises (SOEs) not disciplined by market competition forces. We examine the impact board composition on performance companies controlled public entities in Italy. For this purpose, we exploit a reform-induced exogenous change composition, aimed at increasing female representatio...