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Keywords: Incentive-based compensation
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Journal Articles
Ownership structure, corporate governance and investment efficiency of Chinese listed firms
Available to Purchase
Journal:
Pacific Accounting Review
Pacific Accounting Review (2017) 29 (3): 266–282.
Published: 07 August 2017
... efficiency. Findings The authors find that ownership concentration has a negative impact on investment efficiency, and this effect is more pronounced in SOEs than in private firms. In addition, adoption of incentive-based compensation helps improve investment efficiency. Compared with other types...
