The signaling roles of ownership and board structure for foreign institutional investors in the tourism industry
學年 110
學期 1
出版(發表)日期 2021-12-31
作品名稱 The signaling roles of ownership and board structure for foreign institutional investors in the tourism industry
作品名稱(其他語言)
著者 Yeh, Chien Mu
單位
出版者
著錄名稱、卷期、頁數 Journal of Hospitality and Tourism Management 49, p.65-73
摘要 Foreign institutional capital performs a critical role in the development of the tourism industry. Little research has been conducted to understand how foreign institutional investors choose tourism firms from the governance perspective. The primary purpose of the current study is to bridge this research gap by examining the signaling roles of CEO ownership, domestic institutional ownership, and institutional directors in preferences of foreign institutional investors. Outcomes show foreign institutional investors are more likely to invest in tourism firms who have higher CEO ownership, lower domestic institutional ownership, and a higher level of institutional directors. Implications and limitations are accordingly discussed.
關鍵字 CEO ownership;Domestic institutional ownership;Institutional directors;Tourism firms
語言 en
ISSN 1447-6770
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者
審稿制度
國別 AUS
公開徵稿
出版型式 ,電子版
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機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/122190 )

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