| Does board governance matter for foreign institutional investors to invest in listed tourism firms? | |
|---|---|
| 學年 | 107 |
| 學期 | 1 |
| 出版（發表）日期 | 2018-10-01 |
| 作品名稱 | Does board governance matter for foreign institutional investors to invest in 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 | Tourism Management 68, p.66-78 |
| 摘要 | Foreign institutional investors perform a critical role in the development of the tourism industry. While board governance is a critical mechanism in firms, few studies have attempted to investigate whether board governance matters when foreign institutional investors buy shares of tourism firms. Based on signaling theory, the current study uses a sample of listed tourism firms in Taiwan. Board size, board independence and director ownership are used as proxies of board governance. Results show that the ownership proportion of foreign institutional investors is higher when tourism firms have a smaller board and higher director ownership. These results offer theoretical and practical implications for researchers and practitioners. |
| 關鍵字 | Foreign institutional investors;Board size;Board independence;Director ownership;Tourism firms |
| 語言 | en |
| ISSN | 1879-3193 |
| 期刊性質 | 國外 |
| 收錄於 | SSCI |
| 產學合作 | |
| 通訊作者 | |
| 審稿制度 | 是 |
| 國別 | GBR |
| 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/987654321/115213 ) |
| SDGS | 優質教育 |
GoogleAnalytics