WorldCat Identities

Lang, Larry H. P.

Overview
Works: 149 works in 252 publications in 2 languages and 2,874 library holdings
Roles: Conductor, Other, Editor, Honoree
Classifications: HD2906, 338.7095
Publication Timeline
Key
Publications about  Larry H. P Lang Publications about Larry H. P Lang
Publications by  Larry H. P Lang Publications by Larry H. P Lang
Most widely held works by Larry H. P Lang
East Asian corporations Heroes or villains? by Stijn Claessens ( )
17 editions published between 1994 and 2000 in English and held by 1,206 WorldCat member libraries worldwide
East Asian corporations differ from their counterparts in other countries in important ways. Before the recent financial crisis these differences were viewed as one of the reasons for the success of East Asian economies. The crisis altered that view, and many scholars now argue that the weak corporate governance and financing structures of East Asian corporations are partly to blame for the recent crisis. This paper reviews several features of East Asian corporations, showing that they have high leverage and concentrated ownership, are typically affiliated with business groups, and operate in multiple industries. These characteristics affected the performance of corporations prior to the crisis as well as their ability to deal with its aftermath. Each economy's level of development also affected how these characteristics interacted with firm performance and valuation. Finally, the concentration of ownership in the hands of a few large families may have influenced economies' institutional development
Project finance in Asia by Larry H. P Lang ( Book )
5 editions published in 1998 in English and held by 100 WorldCat member libraries worldwide
Lang Xianping shuo jin rong chao xian zhan by Larry H. P Lang ( Book )
3 editions published between 2008 and 2009 in Chinese and held by 75 WorldCat member libraries worldwide
Leverage, investment, and firm growth by Larry H. P Lang ( Book )
5 editions published in 1995 in English and held by 75 WorldCat member libraries worldwide
We show that there is a negative relation between leverage and future growth at the firm level and, for diversified firms, at the segment level. Further, this negative relation between leverage and growth holds for firms with low Tobin's q, but not for high-q firms or firms in high-q industries. Therefore, leverage does not reduce growth for firms known to have good investment opportunities, but is negatively related to growth for firms whose growth opportunities are either not recognized by the capital markets or are not sufficiently valuable to overcome the effects of their debt overhang
Asset sales, firm performance, and the agency costs of managerial discretion by Larry H. P Lang ( Book )
5 editions published between 1993 and 1994 in English and held by 67 WorldCat member libraries worldwide
We argue that management sells assets when doing so provides the cheapest funds to pursue its objectives rather than for operating efficiency reasons alone. This hypothesis suggests that (1) firms selling assets have high leverage and/or poor performance, (2) a successful asset sale is good news and (3) the stock market discounts asset sale proceeds retained by the selling firm. In support of this hypothesis, we find that the typical firm in our sample performs poorly before the sale and that the average stock-price reaction to asset sales is positive only when the proceeds are paid out
Who controls East Asian corporations? by Stijn Claessens ( Book )
6 editions published in 1999 in English and Undetermined and held by 63 WorldCat member libraries worldwide
Tobin's Q, corporate diversification and firm performance by Larry H. P Lang ( Book )
9 editions published in 1993 in English and held by 61 WorldCat member libraries worldwide
In this paper, we show that Tobin's q and firm diversification are negatively related. This negative relation holds for different diversification measures and when we control for other known determinants of q. We show further that diversified firms have lower q's than equivalent portfolios of specialized firms. This negative relation holds throughout the 1980s in our sample. Finally, it holds for firms that have kept their number of segments constant over a number of years as well as for firms that have not. In our sample, firms that increase their number of segments have lower q's than firms that keep their number of segment constant. Our evidence is consistent with the view that firms seek growth through diversification when they have exhausted internal growth opportunities. We fail to find evidence supportive of the view that diversification provides firms with a valuable intangible asset
Governance and expropriation ( Book )
10 editions published in 2005 in English and held by 61 WorldCat member libraries worldwide
Explores the nature of ownership structure in countries outside the US, and examines how controlling owners expropriate minority shareholders. This book includes articles that analyse the pros and cons of the finance and accounting issues resulting from this separation of ownership and control, and presents some related country-specific studies
East Asian corporates : growth, financing and risks over the last decade by Stijn Claessens ( Book )
5 editions published in 1998 in English and held by 55 WorldCat member libraries worldwide
Lang Xianping shuo wo men de ri zi wei shen me zhe me nan : yi ge Zhongguo jing ji xue jia de liang xin hua by Larry H. P Lang ( Book )
1 edition published in 2010 in Chinese and held by 47 WorldCat member libraries worldwide
Lang Xianping shuo xin di guo zhu yi zai Zhongguo : Yi ge Zhongguo jing ji xue jia de liang xin hua by Larry H. P Lang ( Book )
in Chinese and held by 46 WorldCat member libraries worldwide
Zhongguo jing ji dao le zui wei xian de bian yuan by Larry H. P Lang ( Book )
2 editions published in 2012 in Chinese and held by 45 WorldCat member libraries worldwide
The benefits and costs of group affiliation : evidence from East Asia by Stijn Claessens ( Book )
14 editions published in 2002 in English and held by 43 WorldCat member libraries worldwide
Tableaux by Air Combat Command Heritage of America Band ( Recording )
1 edition published in 2001 and held by 38 WorldCat member libraries worldwide
Lang Xianping shuo shui zai mou sha Zhongguo jing ji : fu shen Zhongguo ren de wen hua mo zhou by Larry H. P Lang ( Book )
1 edition published in 2009 in Chinese and held by 38 WorldCat member libraries worldwide
Research in international business and finance ( Book )
1 edition published in 1995 in English and held by 33 WorldCat member libraries worldwide
Lang Xianping shuo : wo men de sheng huo wei shen me zhe me wu nai by Larry H. P Lang ( Book )
1 edition published in 2011 in Chinese and held by 33 WorldCat member libraries worldwide
Lang Xianping shuo re dian de bei hou by Larry H. P Lang ( Book )
1 edition published in 2008 in Chinese and held by 32 WorldCat member libraries worldwide
Lang Xianping shuo shui zai zheng jiu Zhongguo jing ji : fu su de bei hou he xiao tiao de liang dian by Larry H. P Lang ( Book )
1 edition published in 2009 in Chinese and held by 30 WorldCat member libraries worldwide
Troubled savings and loan institutions : voluntary restructuring under insolvency by Ramon Paul DeGennaro ( Book )
2 editions published in 1991 in English and held by 27 WorldCat member libraries worldwide
 
moreShow More Titles
fewerShow Fewer Titles
Audience Level
0
Audience Level
1
  Kids General Special  
Audience level: 0.48 (from 0.20 for Lang Xianp ... to 0.94 for East Asian ...)
Alternative Names
Lang, Hsien Ping
Lang, Hsien Ping 1957-
Lang, L. H. P. 1957-
Lang, L. H. P. (Larry H. P.)
Lang, Larry 1957-
Lang, Larry H. P.
Lang, Larry H. P., 1957-....
Lang, Xianping
Lang, Xianping 1957-
郎咸平
Languages
English (78)
Chinese (27)
Covers