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Property rules of China's partial share issue privatization have created rent-seeking incentives for politicians that may hurt the performance and corporate governance of newly listed state enterprises. The study reports that 28% of the CEOs in the sample of 617 firms are ex-or current government bureaucrats. The three-year post-IPO stock returns of the(More)
This document is the first of a series of policy statements being issued by the Asia-Oceania Federation of Organizations for Medical Physics (AFOMP). The document was developed by the AFOMP Professional Development Committee (PDC) and was endorsed for official release by AFOMP Council in 2006. The main purpose of the document was to give guidance to AFOMP(More)
Medical physics plays an essential role in modern medicine. This is particularly evident in cancer care where medical physicists are involved in radiotherapy treatment planning and quality assurance as well as in imaging and radiation protection. Due to the large variety of tasks and interests, medical physics is often subdivided into specialties such as(More)
We document that the passage of the Sarbanes-Oxley Act (SOX) coincided with an increase in voluntary delistings and significant exits of foreign firms traded as American Depository Receipts (ADRs) from US stock exchanges. We examine the extent to which these delistings were motivated by firms' costs of complying with SOX or by managers' or controlling(More)
Corporations hold cash balances for a variety of reasons. We document that board size and non-management blockholder ownership are significantly related to the ratio of cash to net assets for a sample of publicly listed firms in Singapore. While the relationship between board size and cash holdings is positive and significant, non-management blockholder(More)
  • M. Ma, K. Markandan, +8 authors A. Vovchak
  • 2004
1 Supported by The Boeing Company under Illinois Technology Challenge Grant 03-115. Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the authors and do not necessarily reflect the views of The Boeing Company or the State of Illinois. Portions of this document have been independently published and are c 2003(More)
Property rules of China's partial share issue privatization have created rent-seeking incentives for politicians that may hurt the performance and corporate governance of newly listed state enterprises. The study reports that 28% of the CEOs in the sample of 617 firms are ex-or current government bureaucrats. The three-year post-IPO stock returns of the(More)
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