Zheng Ying. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2003. / Includes bibliographical references (leaves 43-45). / Abstracts in English and Chinese. / Chapter CHAPTER 1 --- INTRODUCTION --- p.1 / Chapter CHAPTER 2 --- LITERATURE REVIEW --- p.6 / Chapter 2.1 --- Ownership structure in East Asia --- p.6 / Chapter 2.2 --- Price-leading-earnings effect --- p.9 / Chapter 2.3 --- Cross-sectional variation in price-leading-earnings effect --- p.12 / Chapter 2.4 --- informativeness of accounting earnings in east asia --- p.15 / Chapter 2.5 --- Corporate governance structure and informativeness of accounting earnings --- p.17 / Chapter CHAPTER 3 --- DEVELOPMENT OF HYPOTHESIS --- p.22 / Chapter CHAPTER 4 --- "SAMPLE, DATA, AND THE DEFINITIONS OF VARIABLES" --- p.25 / Chapter 4.1 --- Financial statement and stock price data --- p.25 / Chapter 4.2 --- Ownership structure data --- p.26 / Chapter 4.3 --- Descriptive statistics --- p.27 / Chapter CHAPTER 5 --- RESEARCH DESIGN --- p.30 / Chapter CHAPTER 6 --- EMPIRICAL RESULTS --- p.34 / Chapter 6.1 --- Main results --- p.34 / Chapter 6.2 --- Sensitivity Tests --- p.36 / Chapter 6.2.1 --- Controlling for firm-specific factors --- p.36 / Chapter 6.2.2 --- Year-by-year tests --- p.39 / Chapter 6.2.3 --- Exclusion of observations from Japan --- p.40 / Chapter CHAPTER 7 --- CONCLUSION --- p.41 / REFERENCES --- p.43 / TABLES --- p.46 / TABLE 1 Sample Selection --- p.46 / "TABLE 2 Descriptive Statistics (5,519 Observations for Nine East Asian economies)" --- p.47 / TABLE 3 Mean (Median) of the Variables by Economy --- p.48 / TABLE 4 Pearson Correlation (lower) and Spearman Correlation (upper) (p-value) --- p.50 / TABLE 5 Regression of Current Returns on Current Earnings and Interaction with Ownership Structure (5519 observations for Nine East Asian economies) --- p.52 / TABLE 6 Regression of Current Returns on Aggregated Current and Future Earnings and Interaction with Ownership Structure (5519 observations for Nine East Asian economies) --- p.54 / TABLE 7 Regression of Current Returns on Aggregated Current and Future Earnings and Interaction with Ownership Structure for the Determinants of Earnings Response Coefficients and the Sign of the Dependent Variable............. --- p.56 / TABLE 8 Regression of Current Returns on Aggregated Current and Future Earnings and Interaction with Ownership Structure by year For Nine East Asian Economies --- p.59 / TABLE 9 Regression of Current Returns on Aggregated Current and Future Earnings and Interaction with Ownership Structure (1787 observations for Eight Asian economies-exclude Japan) --- p.61

Chan, Eunice Shan. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2001. / Includes bibliographical references (leaves 108-119). / Abstracts in English and Chinese. / ABSTRACT --- p.i / CHINESE ABSTRACT --- p.ii / ACKNOWLEDGMENTS --- p.iii / TABLE OF CONTENTS --- p.iv / LIST OF TABLES --- p.v / LIST OF FIGURES --- p.vi / CHAPTERS / Chapter 1. --- INTRODUCTION --- p.1 / Chapter 2. --- LITERATURE REVIEW --- p.5 / Definitions of Turnaround --- p.5 / Causes of Firm Decline --- p.6 / Severity of the Situation --- p.8 / A Western Perspective on Turnaround Responses --- p.10 / Turnaround Success --- p.20 / Turnaround in the Non-U. S. Contexts --- p.21 / Chapter 3. --- THEORETICAL FRAMEWORK AND HYPOTHESES --- p.23 / Organizing Framework --- p.23 / Institutions and Their Impact on Turnaround --- p.26 / Institutional Environment in East Asia and the West --- p.32 / Hypotheses --- p.44 / Chapter 4. --- METHODOLOGY --- p.54 / Research Design --- p.54 / Quantitative Methods --- p.55 / Qualitative Methods --- p.62 / Chapter 5. --- RESULTS --- p.65 / Quantitative Results --- p.65 / Qualitative Evidence --- p.79 / Chapter 6. --- DISCUSSION AND CONCLUSION --- p.97 / Implications --- p.98 / Limitations and Future Research --- p.102 / Conclusion --- p.104 / REFERENCES --- p.108 / APPENDIX 1: INTERVIEW PROTOCOL --- p.120 / APPENDIX 2: ANALYSIS OF FIRMS WITH NON-ETHNIC CHINESE PRINCIPALS REMOVED --- p.121 / APPENDIX 3: ANALYSIS OF FIRMS WITH LOW Z-SCORES --- p.123 / APPENDIX 4: ANALYSIS OF FIRM SIZE --- p.126