教師資料查詢 | 類別: 期刊論文 | 教師: 邱建良 CHIU CHIEN-LIANG (瀏覽個人網頁)

標題:Top Management Compensation and the KMV Default Risk in China
學年98
學期1
出版(發表)日期2009/09/01
作品名稱Top Management Compensation and the KMV Default Risk in China
作品名稱(其他語言)
著者Yen, Sin-hui; Chiu, Chien-liang; Ting, Wei
單位淡江大學財務金融學系
出版者New Delhi: Taru Publications
著錄名稱、卷期、頁數Journal of Statistics and Management System 12(3), pp.499-510
摘要Although the Chinese economy has achieved an extraordinary rate of growth over recent decades, accompanied by the absorption of considerable amounts of foreign investment, the laws pertaining to business in China are clearly failing to keep pace with the country’s market growth. Investors must therefore carefully assess the associated risks in what is now considered to be the most important of all emerging markets. This study examines the relationship between default risk and top management compensation in the Chinese stock market, with the results revealing that lower levels of top management compensation are accompanied by a greater likelihood of default. This result provides investors and debt holders with greater information on the potential default risk of firms and the important role played by top managers in the Chinese stock market.
關鍵字
語言英文
ISSN0972-0510;2169-0014
期刊性質國外
收錄於EI;
產學合作
通訊作者
審稿制度
國別印度
公開徵稿
出版型式,電子版,紙本
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