...Xin Jin; Junli Yu Purpose Owing to the importance of the investment behavior in China, the purpose of this paper is to find the influence of executive network and government governance on investment efficiency. Design/methodology/approach The paper use China’s listed companies as sample...

.... Particularly, the return pattern is more pronounced when corporate governance is weaker. The authors also find that managers opportunistically time ESO reports based on their private information. In particular, more (less) favorable (negative) news announcements occur after the report dates than beforehand...

... and conducted to compare the SWFs' governance, external environment, investment strategy and financial markets' feedback around the crisis. Findings The paper finds that the recent financial crisis did not only bring SWFs heavy losses and the pressure to improve its image and governance structure, but also...