教師資料查詢 | 類別: 期刊論文 | 教師: 陳薇如 Chen, Wei-ju (瀏覽個人網頁)

標題:Can the Audit Committee Provide Better Oversight of Listed Companies? – An Efficiency of Cash Holdings Perspective
學年104
學期2
出版(發表)日期2016/06/30
作品名稱Can the Audit Committee Provide Better Oversight of Listed Companies? – An Efficiency of Cash Holdings Perspective
作品名稱(其他語言)
著者Cheng-Li Huang; Wei-Ju Chen; Kuo-Chen Lu
單位
出版者
著錄名稱、卷期、頁數Asian Journal of Finance & Accounting 8(1) , p. 100-126
摘要This study attempts to inspection the efficient of using cash holdings whether is improved after setting up audit committee sound corporate governance from the perspective of reducing agency costs. We use the difference in difference method to investigate the effect of oversight of audit committee from 2007 to 2010 the company with audit committee for sample. The empirical results show that the using efficiency of cash holdings isn’t promoted after setting up audit committee with all listed companies sample. We further divided the sample into the over-the-counter (OTC) market and the Taiwan Stock Exchange (TSE) market according to the stock market feather. The empirical indicated that the Taiwan Stock Exchange (TSE) market listed sample exhibited the effect of oversight of audit committee; however, the over-the-counter (OTC) market listed is not. It indicated that the different market structure did affect the effect of oversight of audit committee.
關鍵字Cash holdings;Corporate governance;Audit committee;Agency costs;Difference in difference method
語言英文(美國)
ISSN1946-052X
期刊性質國外
收錄於
產學合作
通訊作者
審稿制度
國別美國
公開徵稿
出版型式,電子版
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