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CEO turnover, firm performance, and enterprise reform in China: Evidence from micro data

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  • Kato, Takao
  • Long, Cheryl

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Article provided by Elsevier in its journal Journal of Comparative Economics.

Volume (Year): 34 (2006)
Issue (Month): 4 (December)
Pages: 796-817

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Handle: RePEc:eee:jcecon:v:34:y:2006:i:4:p:796-817

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References

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Cited by:
  1. Michael Firth & Sonia Wong & Yong Yang, 2014. "The double-edged sword of CEO/chairperson duality in corporatized state-owned firms: evidence from top management turnover in China," Journal of Management and Governance, Springer, Springer, vol. 18(1), pages 207-244, February.
  2. Xia, Jun & Li, Shaomin & Long, Cheryl, 2009. "The Transformation of Collectively Owned Enterprises and its Outcomes in China, 2001-05," World Development, Elsevier, Elsevier, vol. 37(10), pages 1651-1662, October.
  3. Chang, Eric C. & Wong, Sonia M.L., 2009. "Governance with multiple objectives: Evidence from top executive turnover in China," Journal of Corporate Finance, Elsevier, Elsevier, vol. 15(2), pages 230-244, April.
  4. Yongheng Deng & Randall Morck & Jing Wu & Bernard Yeung, 2011. "Monetary and Fiscal Stimuli, Ownership Structure, and China's Housing Market," NBER Working Papers 16871, National Bureau of Economic Research, Inc.
  5. Pessarossi, Pierre & Weill, Laurent, 2012. "Does CEO turnover matter in China? Evidence from the stock market," BOFIT Discussion Papers, Bank of Finland, Institute for Economies in Transition 21/2012, Bank of Finland, Institute for Economies in Transition.
  6. Kato, Takao & Long, Cheryl, 2008. "Tournaments and Managerial Incentives in China's Listed Firms: New Evidence," IZA Discussion Papers 3730, Institute for the Study of Labor (IZA).
  7. Sergey Solntsev, 2013. "Senior management labor market: from economic growth to crisis. The case of Russia," HSE Working papers, National Research University Higher School of Economics WP BRP 10/MAN/2013, National Research University Higher School of Economics.
  8. Lili Pi & Julian Lowe, 2011. "Can a powerful CEO avoid involuntary replacement?—An empirical study from China," Asia Pacific Journal of Management, Springer, Springer, vol. 28(4), pages 775-805, December.
  9. Jin-hui Luo & Di-fang Wan & Di Cai, 2012. "The private benefits of control in Chinese listed firms: Do cash flow rights always reduce controlling shareholders’ tunneling?," Asia Pacific Journal of Management, Springer, Springer, vol. 29(2), pages 499-518, June.
  10. Chi, Wei & Wang, Yijiang, 2007. "Ownership, Performance and Executive Turnover," MPRA Paper 15302, University Library of Munich, Germany, revised Apr 2009.
  11. Wang, Jiwei, 2010. "A comparison of shareholder identity and governance mechanisms in the monitoring of CEOs of listed companies in China," China Economic Review, Elsevier, Elsevier, vol. 21(1), pages 24-37, March.
  12. Conyon, Martin J. & He, Lerong, 2011. "Executive compensation and corporate governance in China," Journal of Corporate Finance, Elsevier, Elsevier, vol. 17(4), pages 1158-1175, September.
  13. Lau, Chung-Ming & Fan, Dennis K.K. & Young, Michael N. & Wu, Shukun, 2007. "Corporate governance effectiveness during institutional transition," International Business Review, Elsevier, Elsevier, vol. 16(4), pages 425-448, August.
  14. Johansson, Anders C. & Feng, Xunan, 2013. "CEO Incentives in Chinese State-Controlled Firms," Working Paper Series, Stockholm China Economic Research Institute, Stockholm School of Economics 2013-27, Stockholm China Economic Research Institute, Stockholm School of Economics.
  15. Jiang, Fuxiu & Huang, Jicheng & Kim, Kenneth A., 2013. "Appointments of outsiders as CEOs, state-owned enterprises, and firm performance: Evidence from China," Pacific-Basin Finance Journal, Elsevier, Elsevier, vol. 23(C), pages 49-64.
  16. Helen Hu & On Tam & Monica Tan, 2010. "Internal governance mechanisms and firm performance in China," Asia Pacific Journal of Management, Springer, Springer, vol. 27(4), pages 727-749, December.
  17. Chi, Wei & Wang, Yijiang, 2009. "Ownership, performance and executive turnover in China," Journal of Asian Economics, Elsevier, Elsevier, vol. 20(4), pages 465-478, September.
  18. Lam, Kevin C.K. & McGuinness, Paul B. & Vieito, João Paulo, 2013. "CEO gender, executive compensation and firm performance in Chinese‐listed enterprises," Pacific-Basin Finance Journal, Elsevier, Elsevier, vol. 21(1), pages 1136-1159.
  19. Ma, Liangbo & Ma, Shiguang & Tian, Gary, 2013. "Political connections, founder-managers, and their impact on tunneling in China's listed firms," Pacific-Basin Finance Journal, Elsevier, Elsevier, vol. 24(C), pages 312-339.

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