Open Access. Powered by Scholars. Published by Universities.®

Finance Commons

Open Access. Powered by Scholars. Published by Universities.®

Articles 1 - 4 of 4

Full-Text Articles in Finance

Firm Performance, Governance Structure, And Top Management Turnover In A Transitional Economy, Michael Arthur Firth, M. Y., Peter Fung, Oliver M. Rui Dec 2015

Firm Performance, Governance Structure, And Top Management Turnover In A Transitional Economy, Michael Arthur Firth, M. Y., Peter Fung, Oliver M. Rui

Prof. FIRTH Michael Arthur

Recent research has argued that political and regulatory environments have a significant impact on corporate governance systems. In particular, countries with poor investor protection laws and weak law enforcement have low levels of corporate governance that manifests itself in substandard financial performance, management entrenchment, and the expropriation of minority shareholders. One implication of this research is that China will have poor corporate governance and entrenched managers as its legal system is relatively underdeveloped and inefficient. However, using data on top management turnover in China's listed firms, our results refute the prediction of entrenched management. We find evidence of very high …


Firm Performance, Governance Structure, And Top Management Turnover In A Transitional Economy, Michael Arthur Firth, M. Y., Peter Fung, Oliver M. Rui Dec 2015

Firm Performance, Governance Structure, And Top Management Turnover In A Transitional Economy, Michael Arthur Firth, M. Y., Peter Fung, Oliver M. Rui

Prof. FIRTH Michael Arthur

Recent research has argued that political and regulatory environments have a significant impact on corporate governance systems. In particular, countries with poor investor protection laws and weak law enforcement have low levels of corporate governance that manifests itself in substandard financial performance, management entrenchment, and the expropriation of minority shareholders. One implication of this research is that China will have poor corporate governance and entrenched managers as its legal system is relatively underdeveloped and inefficient. However, using data on top management turnover in China's listed firms, our results refute the prediction of entrenched management. We find evidence of very high …


Football Market Efficiency And The Gambler's Fallacy, Ladd Kochman, Ken Gilliam Jul 2015

Football Market Efficiency And The Gambler's Fallacy, Ladd Kochman, Ken Gilliam

Ladd Kochman

No abstract provided.


A Runs Test Of Football-Betting Market Efficiency, Ladd Kochman, Ken Gilliam Jul 2015

A Runs Test Of Football-Betting Market Efficiency, Ladd Kochman, Ken Gilliam

Ladd Kochman

No abstract provided.