期刊論文
| 學年 | 99 |
|---|---|
| 學期 | 1 |
| 出版（發表）日期 | 2011-01-01 |
| 作品名稱 | EXAMINING BOARD COMPOSITION AND FIRM PERFORMANCE |
| 作品名稱（其他語言） | |
| 著者 | Hsiang-Tsai Chiang; Mei-Chih Lin |
| 單位 | |
| 出版者 | |
| 著錄名稱、卷期、頁數 | International Journal of Business and Finance Research 5(3), pp.15-27 |
| 摘要 | This paper investigates the relationship between key factors of board composition and firm performance. We find that listed companies in Taiwan are suffered from the divergence between stock-control rights and earnings-distribution rights, and the divergence of rights is negatively associated with firm performance, as predicted. Besides, consistent with the viewpoint of Agency Theory that the controlling interests of CEO may induce them to enhance company performance, we find that, CEO internalization is significantly positively associated with firm performance. In addition, the results of the influence of board structure document that, the more outside independent directors of a company, the better performance the company has. Our findings provide strong support for the notion that corporate ownership structure and board compositions are key factors in determining the corporate governance efficiency and play important roles in enhancing firm performance. |
| 關鍵字 | Board leadership structure;CEO duality;Independent directors;firm performance |
| 語言 | en_US |
| ISSN | 1931-0269 2157-0698 |
| 期刊性質 | 國外 |
| 收錄於 | |
| 產學合作 | |
| 通訊作者 | |
| 審稿制度 | 是 |
| 國別 | USA |
| 公開徵稿 | |
| 出版型式 | ,電子版,紙本 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/106983 ) |