[PDF] Top 20 Difference on Capital Allocation and Operating Performance—Evidence from China Listed Companies

... optimal capital expenditure of a company is the function of marginal Q ...the capital cost of the project, and the discount rate de- pends on size of the project, future cash flows and its ...quality ... See full document

... We invite unpublished novel, original, empirical and high quality research work pertaining to recent developments & practices in the area of Computer, Business, Finance, Marketing, Human Resource Management, General ... See full document

... The DEA method analyzes the relative efficiency of companies by analyzing the multi-input and multi-output efficiency of each decision-making unit (Dong, 2017). The DEA model is a model in which the dependent ... See full document

... of capital structure decisions ...firms’ performance (See McConnell and Servaes, 1995; Schiantarelli and Srivastava, 1996; Dessí and Robertson, 2003; Baum et ...of China, Tian and Estrin (2007); ... See full document

... of capital structure of companies in a transition ...i.e. Difference GMM and System GMM) which may help reduce any bias that might result from the OLS ...target capital structure much ... See full document

... general, capital structure refers to two kinds of capitals containing equity capital and debt ...equity capital, the equity component is contributed capital and retained ...contributed ... See full document

... Kinship is the core content of family culture. In tradi- tional agricultural society, the family kinship is tied by blood, kept up by the order of the distinction between sexes, difference of humble and noble, and ... See full document

... as capital expenditure is concerned. Capital expenditure restrictions are particularly detrimental to firms operating in highly competitive industries that rely on innovation to create a sustainable ... See full document

... Social capital theory is based on “social network” according to our study on its development history, which is a fundamental conception for understanding social capital ...social capital (Adler and ... See full document

... its performance results occurs primarily through the effect of financial ...the difference between return on assets and cost of debt ...debt capital is used by the company and the more return on ... See full document

... debt capital, which in line with expected economic ...debt capital and the nature of human control (State) of listed companies are not express significant negative correlation in model (3) - ... See full document

... Beatty & Weber (2006) specifically examined the motivations of managers to recognize goodwill impairment. They showed that stock market expectation, debt contracting default risk, manager compensation, executive ... See full document

... observed from the coefficients, it seems that there exist both low correlations for the independence of the board as well the ownership concentration with the D/E ...coefficient from capital ... See full document

... working capital management issue is very important because it has been importance impact on the profitability, risk and firm ...working capital management is facing difficulties, that there is for ... See full document

... Abstract: Due to the financial sector complicated variety of events, each financial problems from changes to know its essence, the change rule, from the change of strategy to formulate relevant policy and ... See full document

... finds evidence to support the hypothesis that directors’ remuneration has a significant and positive relationship with firm ...find evidence that family firms influence the relationship between remuneration ... See full document

... the companies’ operation and ...the companies lack a balance mechanism that executives could make use of decision behavior to grab individual interests and potentially harm other stakeholders’ interests ... See full document

... the listed firms before and after auditor changes, it is important to compare audit opinions issued by the auditors being changed with the opinions would be issued if the auditor had not been ...the listed ... See full document

... The importance of financing decisions cannot be over emphasised since many of the factors that contribute to business failure can be addressed using strategies and financial decisions that drive growth and the ... See full document

... public companies after June 2001 detail the activities of remuneration committees and executive pay ...individual performance, (b) companies should establish a formal and transparent procedure for ... See full document