published_or_final_version / Law / Master / Master of Laws

published_or_final_version / abstract / Real Estate and Construction / Doctoral / Doctor of Philosophy

published_or_final_version / Sociology / Doctoral / Doctor of Philosophy

published_or_final_version / Business Administration / Master / Master of Business Administration

This thesis investigates the determinants and consequences for the CEO selection in Chinese family firms. Employing a special hand-collected database from IPO prospectuses of family controlled firms, I identify three sets of determinants for the CEO selection, to be specific, choice between family and non-family CEOs. The first set of determinants is traditional culture, including regional traditional culture and entrepreneurs' traditional ideology. Families affected more by such traditional culture less likely employ non-family CEOs. The second set of determinants is family human capital. Families with greater human capital have lower probability of choosing non-family CEOs. Among all available family human capital, male family members are more crucial for the CEO selection while female family members are irrelevant. Current CEO selection is part of preparation for future family succession, so the second generation members have negative impact on selecting non-family CEOs, and such effect is more pronounced for male second generations and those who already actively involved in business. The third set of determinants is family specialized assets, including family reputation and political connections. To preserve and capitalized such assets, families with more specialized assets tend to employ fewer non-family CEOs. These determinants also have similar impacts on selecting chairmen and directors. Different CEO selection has various consequences on performance. I first find that non-family CEOs are associated with smaller IPO underpricing. For the long-term performance, I use one and two stage regressions to investigate the consequences of different CEO selection. In one stage regression, I find that firms with non-family CEOs have worse performance, measured by Tobin's Q. In two stage regression, I find the estimated CEO selection has no significant impact on performance. These results can be explained from a comparative advantage perspective that if all firms select CEOs following certain patter, no firms will have comparative advantage over others and less conflict between CEO selection and firms' and families' characteristics. I further find that firms making "wrong" decisions against their specific conditions underperform much worse than peers, due to the comparative disadvantage caused by the conflict between non-family CEOs and firms' and families' specific features. / Li, Sifei. / Advisers: Cong Wang; Joseph P. H. Fan. / Source: Dissertation Abstracts International, Volume: 73-07(E), Section: A. / Thesis (Ph.D.)--Chinese University of Hong Kong, 2011. / Includes bibliographical references (leaves 61-63). / Electronic reproduction. Hong Kong : Chinese University of Hong Kong, [2012] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Electronic reproduction. Ann Arbor, MI : ProQuest dissertations and theses, [201-] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Abstract also in Chinese.

劉細良. / Thesis (M.A.)--香港中文大學. / Manuscript (computer printout) / Includes bibliographical references (leaves [5-13] (last group)). / Liu Xiliang. / Thesis (M.A.)--Xianggang Zhong wen da xue. / Chapter 第一章 --- 導論 / Chapter 1) --- 問題的提出 --- p.1 / Chapter 2) --- 理論架構 --- p.22 / Chapter a) --- 新傳統主義的批評 --- p.23 / Chapter b) --- 理性選擇理論 --- p.29 / Chapter 第二章 --- 一九八四年後的國營企業 / Chapter 1) --- 企業內權力分配 --- p.42 / Chapter 2) --- 廠長的理性選擇 --- p.59 / Chapter 3) --- 改革後國營企業的內部矛盾 --- p.68 / Chapter 第三章 --- 工人的集體意識與偏順序（perference order） / Chapter 1) --- 工具性取向（instrumentalism） --- p.109 / Chapter 2) --- 糢糊階級意識 --- p.115 / Chapter 3) --- 特殊主義取向 --- p.122 / Chapter 第四章 --- 工人的理性選擇─不同解決方法的效用結構 / Chapter 1) --- 工會與職工代表大會 --- p.137 / Chapter 2) --- 罷工與怠工 --- p.155 / Chapter 3) --- 離職與兼職 --- p.169 / Chapter 4) --- 主從關係網路 --- p.185 / Chapter 第五章 --- 結論 / Chapter 1) --- 工人理性選擇與工人政治 --- p.231 / Chapter 2) --- 中國國家 （state）的特色 --- p.247 / Chapter 3) --- 中國國家合法性的性質 --- p.256 / 註釋 / 附錄〈一〉論文資料 / 附錄〈二〉參考書目

by Kim-sau Chung. / Thesis (M.Phil.)--Chinese University of Hong Kong, 1994. / Includes bibliographical references (leaves 65-66). / Table of symbols --- p.3 / Introduction --- p.4 / Chapter Chapter one: --- On v-informativeness of informers --- p.9 / Chapter Section one: --- Introduction --- p.9 / Chapter Section two: --- Verifiability structure --- p.12 / Chapter Section three: --- Principal-informer-agent problem --- p.17 / Chapter Section four: --- On v-informativeness of informers --- p.23 / Chapter Section five: --- Conclusion --- p.30 / Chapter Chapter two: --- Idiosyncratic or uniform contracts for the Chinese state enterprises --- p.32 / Chapter Section one: --- Introduction --- p.32 / Chapter Section two: --- The model --- p.36 / Chapter Section three: --- Complete information case --- p.40 / Chapter Section four: --- Incomplete information with type I informer --- p.41 / Chapter Section five: --- Incomplete informaticri with type II informer --- p.45 / Chapter Section six: --- Incomplete information with type III informer --- p.58 / Chapter Section seven: --- Incomplete information with type IV informer --- p.59 / Chapter Section eight: --- Comparative values of mid-tier governmental units to the central government --- p.59 / Chapter Section nine: --- Conclusion --- p.63 / Reference --- p.65

Kong Sau-mui, So Kwok-hing. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1981. / Bibliography: leaves 78-79.

by Lu Hai-biao, Shi Hong-lan. / Includes questionnaire in Chinese. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1994. / Includes bibliographical references (leaves 74-75). / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / LIST OF TABLES --- p.v / ACKNOWNLEDGEMENT --- p.vi / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Purpose of the Study --- p.2 / Scope of the Study --- p.3 / Research Methodology --- p.4 / Limitations --- p.5 / Chapter II. --- HISTORY OF THE CHINA ENTERPRISES IN HONG KONG --- p.6 / Classification --- p.6 / History --- p.8 / Recent Development --- p.12 / Chapter III. --- ROLES OF THE CHINA ENTERPRISES IN HONG KONG --- p.15 / Economic Relations between Hong Kong and China --- p.15 / Trading Partners --- p.15 / Source of Non-trade Income --- p.16 / Source of Investment Capital --- p.16 / Roles of the China Enterprises --- p.17 / Profit Motivation --- p.17 / Attracting Foreign Funds and Technology into China --- p.18 / Maintaining Prosperity and Stability --- p.19 / "Active Involvement in Hong Kong Economy Undertaking the Responsibility A ""Window"" for Mainland China" --- p.21 / Political Force --- p.22 / Chapter IV. --- FINDINGS AND ANALYSIS --- p.24 / Respondents' Profile --- p.24 / General Background of Enterprises --- p.26 / Time of Registration --- p.26 / Ownership --- p.28 / Public Company --- p.29 / Business Scope --- p.29 / Joint Investment in Hong Kong --- p.32 / Investment in Mainland China --- p.35 / Expansion into Overseas Market --- p.35 / Organization Structure --- p.36 / Size --- p.36 / Administration Structure --- p.36 / Local Employees in Organization --- p.39 / Tenures of the Top Leaders --- p.41 / Decision Making Process --- p.41 / Operation --- p.43 / Business Objectives --- p.43 / Main Market --- p.44 / Perception of Respondents about Current Performance and Prospect --- p.46 / Future Investment --- p.46 / Perception of Respondents about Competition Environment and Competitiveness --- p.48 / Human Resource Management --- p.50 / Educational Level of Executives --- p.50 / Training --- p.51 / Career Path for Local Employees --- p.52 / Appraisal of Employees --- p.53 / Chapter V. --- PROBLEMS AND PROSPECTS --- p.57 / Problems --- p.57 / Inadequate Control and Coordination --- p.57 / Shelter of Outflow of Capital --- p.58 / Property Speculation --- p.59 / Prospects --- p.61 / Chapter VI. --- CONCLUSIONS --- p.63 / APPENDIX (I) A Survey of the Big Four China Enterprises in Hong Kong --- p.66 / Chapter (II) --- Sample of Questionnaire --- p.67 / BIBLIOGRAPHY --- p.74

彭慶東. / "2002年8月21日" / 論文 (哲學碩士)--香港中文大學, 2002. / 參考文獻 (leaves 90-95) / 附中英文摘要. / "2002 nian 8 yue 21 ri" / Peng Qingdong. / Lun wen (zhe xue shuo shi)--Xianggang Zhong wen da xue, 2002. / Can kao wen xian (leaves 90-95) / Fu Zhong Ying wen zhai yao. / Abstract --- p.i / 論文摘要 --- p.ii / Chapter 第一章 --- 論文簡介 --- p.1 / Chapter 第二章 --- 毛澤東時期的左傾思想 --- p.19 / Chapter 第三章 --- 生產力理論 --- p.29 / Chapter 第四章 --- 社會主義市場經濟理論 --- p.43 / Chapter 第五章 --- 初級階段論 --- p.50 / Chapter 第六章 --- 所有制 --- p.58 / Chapter 第七章 --- 國有企業改革 --- p.72 / Chapter 第八章 --- 總結 --- p.79 / 參考書目 --- p.90