DocumentCode
3450288
Title
CEO Power on Corporate Performance in Chinese Market
Author
Li, Hui ; Han, Liyan ; Li, Donghui
Author_Institution
Sch. of Econ. & Manage., Beihang Univ., Beijing
fYear
2008
fDate
12-14 Oct. 2008
Firstpage
1
Lastpage
5
Abstract
This paper examines the CEO power on corporate performance in Chinese market from 1999 to 2004. The empirical results indicate that CEO power and corporate performance are positively related, but CEO power and performance variability are negatively related. This conclusion is not consistent with Adams, RB.´s, because of the particularity of Chinese market system. Based on the conclusion, we suggest some solutions which combine the restraint and incentive mechanism to the high concentration of CEO power.
Keywords
power markets; CEO power; Chinese market; corporate performance; restraint-incentive mechanism; Banking; Energy management; Finance; Government; Helium; Power generation economics; Power system reliability; Stock markets; System testing; Uncertainty;
fLanguage
English
Publisher
ieee
Conference_Titel
Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
Conference_Location
Dalian
Print_ISBN
978-1-4244-2107-7
Electronic_ISBN
978-1-4244-2108-4
Type
conf
DOI
10.1109/WiCom.2008.1386
Filename
4679294
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