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YAO, YAO
(2)
answer(s).
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Item
1
ID:
112838
Chinese TNCs: ownership structure and corporate governance performance
/ Yang, Shuili; Yao, Yao; Wang, Hong
Yang, Shuili
Journal Article
0 Rating(s) & 0 Review(s)
Publication
2012.
Summary/Abstract
This article is based on data from 32 Chinese transnational corporations in the energy and manufacturing sectors. The results demonstrate a positive correlation, after the reforms, between the proportion of state-owned shares and corporate governance performance in Chinese TNCs. There is found to be no linkage between the proportion of corporate shares and corporate governance performances. The proportion of outstanding shares and corporate governance performance show a positive correlation.
Key Words
China
;
Ownership Structure
;
Chinese TNCs
;
Corporate Governance Performance
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2
ID:
161884
Schooling returns for migrant workers in China: Estimations from the perspective of the institutional environment in a rural setting
/ Yao, Yao
Yao, Yao
Journal Article
0 Rating(s) & 0 Review(s)
Summary/Abstract
We examine schooling returns for migrant workers in China based on the 2009 Rural-Urban Migration in China (RUMiC) survey. Using a novel instrumental variable (IV) set based on the institutional environment unique to rural China, we find the point estimates of returns to lie within the range of 7.8%–10.7% for each additional year of schooling. Whilst our estimates are slightly higher than those reported for this cohort of workers in the literature, they are significantly lower than those enjoyed urban dwellers. Furthermore, we identify a wider gap in schooling returns between male (14.7%) and female (8.5%) migrant workers than the comparable gap for urban dwellers. Our results provide another line of evidence supporting a segmented labor market in urban China and remain robust to different estimators and under various IV restrictions. We suggest that improving the education system in the rural areas and eliminating the gender gap among migrant workers represent the necessary steps for enhancing social harmony in the Chinese society.
Key Words
Migrant Workers
;
Instrumental Variables
;
Schooling Returns
;
Gender Gaprural Institutional Environment
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