"The chief executive officer (CEO) of a corporation and his or her executive team are responsible for the management of the business and its continued operating and financial success. The CEO and executive team are almost always highly compensated and the relative total compensa…
从上世纪四十年代开始出现以来,风险投资对社会经济发展产生重要作用。风险投资是市场经济快速发展和科技变革过程中的产物,主要用于促进具有发展前景企业快速发展。风险投资已经有超过七十年的发展历史,很多发达国家在理论研究和实际应有方面都取得重大进展。相比之下,我国风险投资是从上世纪改革开放之处开始出现,只有三十多年的发展历史。我国市场经济已经逐步完善,资本市场开始进入快速发展时期,在时代发展中结合实际需求进一步的完善以及新经济领域的优秀创业企业不断涌现,我国风险投资市场也快速发展。
Initial public offerings (IPOs), executive compensation, and employment agreements have drawn attention in business, academia as well as financial press. Yet, despite that the literature have focused on large established firms, the role of top managers remuneration packages and …
Chapter 1: I find that firms provide incentives that encourage CEOs towards product differentiation when facing grater foreign competition. Firms respond to competitive shocks by decreasing the similarity between rival-CEOs’ performance goals. Subsequently, firms decrease their …
In essay one, my primary objective is to see the sensitivity of foreign exchange rate risk on firm performance in US manufacturing industry and examine if the hedging help reduce the foreign exchange rate risk. I am particularly interested in manufacturing industry because of th…
Two essays of this dissertation study the relationship between executive compensation and firm performance. These essays analyze both compensation level and compensation structure, and focus not only on CEO compensation but also on Top Management Team (TMT) compensation as well …