期刊論文
學年 | 108 |
---|---|
學期 | 2 |
出版(發表)日期 | 2020-02-15 |
作品名稱 | Dividend payouts and family-controlled firms – The effect of culture on business |
作品名稱(其他語言) | |
著者 | Manhwa Wu; Yensen Ni; Paoyu Huang |
單位 | |
出版者 | |
著錄名稱、卷期、頁數 | The Quarterly Review of Economics and Finance 75, p.221-228 |
摘要 | Our paper reveals that family-controlled firms pay less cash dividends than non-family-controlled firms in Taiwan, which differs from moderating proxy problems by increasing dividend payouts due to reduced free cash flow. These family-controlled firms might not be regarded as a problem due to the improved corporate governance and high firm value in Taiwan, which is contrary to relevant studies. Dividend payouts for family-controlled firms in the West and East, such as asset allocation, might be affected by various factors, including culture, nationality, and philosophy, which are seldom considered deliberately in existing literature. |
關鍵字 | Dividend payouts;culture;financial performance;family-controlled firms |
語言 | en_US |
ISSN | |
期刊性質 | 國外 |
收錄於 | SSCI |
產學合作 | |
通訊作者 | Yensen NI |
審稿制度 | 是 |
國別 | USA |
公開徵稿 | |
出版型式 | ,電子版 |
相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/116136 ) |