教師資料查詢 | 類別: 期刊論文 | 教師: 葉劍木 Chien Mu Yeh (瀏覽個人網頁)

標題:Ownership structure and firm performance of listed tourism firms
學年108
學期1
出版(發表)日期2019/10/01
作品名稱Ownership structure and firm performance of listed tourism firms
作品名稱(其他語言)
著者Chien Mu Yeh
單位
出版者
著錄名稱、卷期、頁數International Journal of Tourism Research 21(2), p.165–179
摘要Ownership structure has been identified as a critical governance component due to its effect on firm performance. Within ownership structure, issues of institutional shareholders, cash flow rights of controlling owners, and ownership discrepancy have not been examined in the tourism sector. The current study uses listed tourism firms in Taiwan to empirically examine how these three variables influence firm performance. Results show a positive effect on return on assets and Tobin's Q from the presence of institutional shareholders and cash flow rights of controlling owners. Ownership discrepancy has a negative effect on Tobin's Q. The present results can make contributions to agency theory and principles for good governance.
關鍵字cash flow rights;institutional shareholders;listed tourism firms;ownership discrepancy
語言英文
ISSN1522-1970
期刊性質國外
收錄於SSCI;
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
相關連結
Google+ 推薦功能,讓全世界都能看到您的推薦!