CEO compensation and ownership structure in Chinese real estate listed companies
This study examines the relationships between CEO compensation and firm financial performance under different ownership structures. This dissertation mainly focuses on state ownership and foreign ownership. Due to China is a developing country and partially privatized, state ownership plays an impor...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2019
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| Online Access: | https://eprints.nottingham.ac.uk/58289/ |
| _version_ | 1848799535214624768 |
|---|---|
| author | YU, HAN |
| author_facet | YU, HAN |
| author_sort | YU, HAN |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | This study examines the relationships between CEO compensation and firm financial performance under different ownership structures. This dissertation mainly focuses on state ownership and foreign ownership. Due to China is a developing country and partially privatized, state ownership plays an important role in corporate governance. In addition, with the increase in international investment in recent years, foreign investors should be concerned. 124 Chinese real estate listed companies are used to investigate the pay-performance relation from 2014 to 2018. There are five explanatory variables in panel data regression, including ROA, Top1, Top 10, D_State and D_Foreign.
The majority of the results consistent with theories in western developed countries. Although affected by political factors, CEO pay-performance policy has been implemented in Chinese real estate listed companies. However, contrary to the literature of developed countries, foreign investors have not played a good monitoring role in corporate governance. There is no obvious relationship between CEO pay and corporate economic performance in companies with international ownership. |
| first_indexed | 2025-11-14T20:37:12Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-58289 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T20:37:12Z |
| publishDate | 2019 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-582892022-12-07T11:50:00Z https://eprints.nottingham.ac.uk/58289/ CEO compensation and ownership structure in Chinese real estate listed companies YU, HAN This study examines the relationships between CEO compensation and firm financial performance under different ownership structures. This dissertation mainly focuses on state ownership and foreign ownership. Due to China is a developing country and partially privatized, state ownership plays an important role in corporate governance. In addition, with the increase in international investment in recent years, foreign investors should be concerned. 124 Chinese real estate listed companies are used to investigate the pay-performance relation from 2014 to 2018. There are five explanatory variables in panel data regression, including ROA, Top1, Top 10, D_State and D_Foreign. The majority of the results consistent with theories in western developed countries. Although affected by political factors, CEO pay-performance policy has been implemented in Chinese real estate listed companies. However, contrary to the literature of developed countries, foreign investors have not played a good monitoring role in corporate governance. There is no obvious relationship between CEO pay and corporate economic performance in companies with international ownership. 2019-12-01 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/58289/1/4336610%20N14170%20BUSI4153%20CEO%20compensation%20and%20ownership%20structure%20in%20Chinese%20real%20estate%20listed%20%20companies.pdf YU, HAN (2019) CEO compensation and ownership structure in Chinese real estate listed companies. [Dissertation (University of Nottingham only)] |
| spellingShingle | YU, HAN CEO compensation and ownership structure in Chinese real estate listed companies |
| title | CEO compensation and ownership structure in Chinese real estate listed companies |
| title_full | CEO compensation and ownership structure in Chinese real estate listed companies |
| title_fullStr | CEO compensation and ownership structure in Chinese real estate listed companies |
| title_full_unstemmed | CEO compensation and ownership structure in Chinese real estate listed companies |
| title_short | CEO compensation and ownership structure in Chinese real estate listed companies |
| title_sort | ceo compensation and ownership structure in chinese real estate listed companies |
| url | https://eprints.nottingham.ac.uk/58289/ |