How ownership structures affect the relations between product market competition, and pay-performance sensitivity

Hin-Cheung Annie Ko, Siu Yeung Chan

Research output: Contribution to journalArticle

Abstract

The aim of this paper is to examine how concentrated ownership structures affect the positive association between industry competitions and pay-performance sensitivities. This is an empirical study to analyze the data from four East Asian markets (China, Hong Kong, Singapore and Taiwan) during 2001-2006. According to the literature review, this is the first paper to find that industry competitions do not play governance role when firms are controlled by families or states. These findings enhance our understandings on the association between industry- and firm-level governance mechanisms.
Original languageEnglish
Pages (from-to)53-67
JournalJournal of Accounting, Finance and Economics
Volume4
Issue number1
Publication statusPublished - Jul 2014

User-Defined Keywords

  • Corporate Governance
  • Pay-Performance Sensitivity
  • Industry Concentration
  • Ownership Structure

Fingerprint

Dive into the research topics of 'How ownership structures affect the relations between product market competition, and pay-performance sensitivity'. Together they form a unique fingerprint.

Cite this