Browsing Working papers by Author "Zhang, Jianhua"

Now showing items 1-2 of 2

    • Executive Compensation and Macroeconomic Fluctuations 

      Oxelheim, Lars; Wihlborg, Clas; Zhang, Jianhua (2008-04-21)
      Macroeconomic fluctuations affect corporations’ performance through demand and cost conditions. Incentive effects of performance-based compensation schemes for management may be weakened or biased by macroeconomic ...

    • Panel Cointegration of Chinese A and B Shares 

      Ahlgren, Niklas; Sjö, Bo; Zhang, Jianhua (2008-04-21)
      In this paper we study market segmentation and information flows in China's stock markets. By using panel data methods we test for a unit root in the price premium of domestic investors' A shares over foreign investors' B ...