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Effects Of Cultural Ethnicity, Firm Size, And Firm Age On Senior Executives’ Trust In Their Overseas Business Partners: Evidence From China, Crystal X. Jiang, Roy Y. J. Chua, Masaaki Kotabe, Janet Y. Murray
Effects Of Cultural Ethnicity, Firm Size, And Firm Age On Senior Executives’ Trust In Their Overseas Business Partners: Evidence From China, Crystal X. Jiang, Roy Y. J. Chua, Masaaki Kotabe, Janet Y. Murray
Roy Chua
We investigate trust relationships between senior business executives and their overseas partners. Drawing on the similarity-attraction paradigm, social categorization theory, and the distinction between cognition- and affect-based trust, we argue that executives trust their overseas partners differently, depending on the partners’ cultural ethnicity. In a field survey of 108 Chinese senior executives, we found that these executives have higher affect-based trust in overseas partners of the same cultural ethnicity as themselves; cognition-based trust is associated with affect-based trust differently when overseas partners are of the same or different cultural ethnicity. We also examine the role of relative firm size and …
Venture Capital And Executive Incentives In China, Jerry Cao, Qigui Liu, Gary Tian
Venture Capital And Executive Incentives In China, Jerry Cao, Qigui Liu, Gary Tian
Qigui Liu
This paper examines the effect that venture capital (VC) has on the pay-performancerelationship in listed Chinese firms. We find that VC has a significantly positive effect onCEO compensation and the pay-performance relationship, such effect particularly stronger infirms needing more managerial efforts and discretions (higher growth opportunity or higherlevels of capital expenditure). In addition, we show that VC-backed firms with moremanagerial discretions are more likely to use stock options. The evidence suggests thatventure capital investors use more sensitive compensation contract for top executives inChinese when the need for managerial discretion is greater. Such compensation schemes byVCs enhance firm performance subsequently.
“Unfree" Labour On The Cattle Stations Of Northern Australia, The Tea Gardens Of Assam, And The Rubber Plantations Of Indo-China, 1920–50, Robert Castle, James Hagan, Andrew Wells
“Unfree" Labour On The Cattle Stations Of Northern Australia, The Tea Gardens Of Assam, And The Rubber Plantations Of Indo-China, 1920–50, Robert Castle, James Hagan, Andrew Wells
Robert G. Castle
This chapter examines unfree labour in three industries in the nineteenth and early twentieth century. It focuses on the forms and consequences of protest which arose amongst workers in these industries in response to the conditions under which they were employed. The Assamese tea industry, Vietnamese rubber plantations and Northern Australian cattle ranching used differing means of production, technology and investment but all relied on colonial governments to enable them to recruit and retain a 'contracted' labour force. The forms of the labour relationship varied but led to protests which often took on a wider meaning in struggles for liberation.