進階搜尋


   電子論文尚未授權公開,紙本請查館藏目錄
(※如查詢不到或館藏狀況顯示「閉架不公開」,表示該本論文不在書庫,無法取用。)
系統識別號 U0026-0812200911275037
論文名稱(中文) 公司資訊透明度、董事結構和股權結構與公司經營績效關係之研究-以電子產業為例
論文名稱(英文) AN EMPIRICAL STUDY OF THE RELATIONSHIP BETWEEN INFORMATION TRANSPARENCY, BOARD COMPOSITION, OWNERSHIP STRUCTURE AND FIRM PERFORMANCE EVALUTION
校院名稱 成功大學
系所名稱(中) 會計學系碩博士班
系所名稱(英) Department of Accountancy
學年度 93
學期 2
出版年 94
研究生(中文) 陳玟秀
研究生(英文) Wen-Hsiu Chen
電子信箱 r1692113@ccmail.ncku.edu.tw
學號 r1692113
學位類別 碩士
語文別 中文
論文頁數 115頁
口試委員 口試委員-賴秀卿
口試委員-陳耀宗
指導教授-王萬成
中文關鍵字 資訊揭露程度  公司治理 
英文關鍵字 corporate governance  information transparency 
學科別分類
中文摘要   自從1997年的亞洲金融風暴、1998年台灣爆發了一連串財務危機事件,接著2001年發生了舉世矚目的安隆事件、泰可和世界通訊等舞弊事件,讓實務界以及學術界愈來愈重視公司治理這個議題。其中,又以公司資訊透明度最受關切。若一個公司的資訊揭露程度高,代表其經營是誠實坦蕩的,能獲得投資人的信賴。此外,董事會的組成與結構以及公司所有權的結構也都是公司治理的重要成分之一。

  本文除了探討之前已受眾多學者研究的「董事結構」以及「股權結構」之議題外,也加入「公司資訊透明度」變數。本文的探討主題有三:一、公司資訊透明度與公司經營績效間的關係;二、董事結構與公司經營績效間的關係;三、股權結構與公司經營績效間的關係。

  研究結果顯示,公司資訊透明度與公司績效呈顯著正相關。董事結構方面,董事會規模與公司績效呈顯著負相關;若有二元性之存在(董事長兼任總經理),則與公司績效呈負相關,但並不顯著;獨立董事比率與公司績效呈顯著正相關,但並不顯著。股權結構方面,高階經理人持股比例與公司績效呈現顯著正相關;機構法人持股比例與公司績效呈現正相關,但並不顯著;至於董監事持股比例,由本文的實證結果無法看出董監事持股比例與公司績效之間的關係。

英文摘要 none

論文目次 第一章 緒論1
第一節 研究動機1
第二節 研究目的3
第三節 研究流程與論文架構4
第二章 文獻探討6
第一節 資訊透明度6
第二節 董事會之組成與結構24
第三節 股權結構37
第三章 研究設計與方法45
第一節 研究架構45
第二節 研究假說46
第三節 變數定義與衡量50
第四節 實證模型與分析方法58
第五節 研究期間、樣本選取與資料來源61
第四章 實證結果與分析63
第一節 敘述性統計63
第二節 資料分析66
第三節 實證結果分析73
第五章 結論與建議88
第一節 研究結論88
第二節 研究限制91
第三節 研究建議91
參考文獻93
中文部分93
外文部分96
附錄104

圖目錄
圖 1-1 研究流程4
圖 3-1 研究架構46
表目錄
表 4-1 樣本變數之敘述性統計65
表 4-2 自變數之相關係數分析67
表 4-3 自變數之VIF統計量69
表 4-4 迴歸式之DW統計量72
表 4-5 公司資訊透明度、董事結構、股權結構對每股盈餘影響之迴歸結果81
表 4-6 公司資訊透明度、董事結構、股權結構對總資產報酬率影響之迴歸結果82
表 4-7 公司資訊透明度、董事結構、股權結構對權益報酬率影響之迴歸結果83
表 4-8 公司資訊透明度、董事結構、股權結構對杜賓Q影響之迴歸結果84
表 4-9 董事結構、股權結構對每股盈餘影響之迴歸結果85
表 4-10 董事結構、股權結構對總資產報酬率影響之迴歸結果85
表 4-11 董事結構、股權結構對權益報酬率影響之迴歸結果86
表 4-12 董事結構、股權結構對杜賓Q影響之迴歸結果86
參考文獻 中文文獻:
1.丁立平,2003,公司治理、會計資訊與公司價值關係之研究,國立台灣大學會計學研究所未出版碩士論文。
2.王文宇,2003,公司法論,元照出版社。
3.江雅雲,1999,我國上市公司董監事改選機制與其經營績效之關聯性研究,國立政治大學會計學研究所未出版碩士論文。
4.何里仁,2003,公司治理之資訊透明度與績效評核關聯性之研究,私立逢甲大學會計與財稅所未出版碩士論文。
5.杜英宗,2002,台灣需要建立起社會的制衡機制,會計研究月刊,第200期,頁55-56。
6.吳昆皇,1995,上市公司董事會組成與特性對企業經營績效之關聯性研究,國立台灣大學商學研究所未出版碩士論文。
7.吳庭州,1997,股權結構、盈餘管理與盈餘資訊性之研究,私立輔仁大學管理學研究所未出版碩士論文。
8.吳建頤,1999,董事會規模對公司價值的影響,國立中正大學財務金融研究所未出版碩士論文。
9.沈宜慶,2002,企業資訊透明度與債券資金發行成本關係之實證研究,私立淡江大學會計學研究所未出版碩士論文。
10.林君玲,1999,企業財務危機預警資訊之研究-考慮公司監理因素,國立台灣大學會計學研究所未出版碩士論文。
11.林日峰,2002,透明度與企業價值,會計研究月刊,第200期,頁48-49。
12.林秀玉,2002,透明度降低不確定性及不可預期性,會計研究月刊,第200期,頁58。
13.周建宏,2002,提升資訊透明度以因應全球化的資本市場,會計研究月刊,第200期,頁78-86。
14.周行一,2002,企業如何提升透明度與企業價值,會計研究月刊,第203期,頁100-101。
15.金志遠,2000,董事會特性與年報自願性揭露關係之研究,國立政治大學會計學研究所未出版碩士論文。
16.邱碧珠,2000,資訊揭露程度與權益資金成本間之關係,國立台灣大學會計學研究所未出版碩士論文。
17.柯承恩,2002,面對全球競爭,高層運作能力與執行能力將是重點,會計研究月刊,第200期,頁59-60。
18.洪麗芳,2003,股權結構、財務決策與公司績效關聯性之研究,私立中原大學會計學研究所未出版碩士論文。
19.孫秀蘭,1996,董事會制度與經營績效之研究,國立台灣大學財務金融研究所未出版碩士論文。
20.陳坤宏,1994,家族企業,聯屬持股與經營績效之研究,國立中央大學財務管理研究所未出版碩士論文。
21.陳美娟,1997,年報自願性揭露水準與公司特徵之關聯性研究,國立政治大學會計學研究所未出版碩士論文。
22.陳金鈴,1997,臺灣上市公司股權結構之研究分析,國立成功大學會計學研究所未出版碩士論文。
23.陳宏姿,2001,董監事結構與企業財務績效關聯之研究,國立政治大學會計學研究所未出版碩士論文。
24.陳依蘋,2002,透明度與企業價值,會計研究月刊,第200期,頁48-54。
25.張明峰,1991,股權結構對公司績效影響之研究,國立政治大學企業管理研究所未出版碩士論文。
26.張訓華,1991,股數結構﹑董事會組成輿企業當年財務績效-以77年度會計報酬率為準,私立東吳大學管理科學研究所未出版碩士論文。
27.張旭玲,1998,我國股票上市公司股權結暨經營績效之研究,國立成功大學會計學研究所未出版碩士論文。
28.張峻萍,1999,公司監理與經營績效之關係,國立台灣大學會計學研究所未出版碩士論文。
29.張漢傑,2002,投資人至上-投資人如何選擇高透明度的企業,會計研究月刊,第202期,頁90-92。
30.曾炳霖,2002,投資人至上-投資人如何選擇高透明度的企業,會計研究月刊,第205期,頁65-83。
31.黃鈺光,1993,我國上市公司董事會特性與經營績效之研究,國立台灣大學會計學研究所未出版碩士論文。
32.黃榮龍,1993,股權結構與經營績效之研究,國立政治大學會計學研究所未出版碩士論文。
33.楊蕉霙,1989,所有權結構與公司價值間關係之研究,國立中山大學企業管理研究所未出版碩士論文。
34.楊麗弘,1999,台灣上市公司股權結構與經營績效研究,私立長庚大學管理學研究所未出版碩士論文。
35.楊慧玲,2000,董事會結構及其變動對股東財富與經營績效影響之研究,私立朝陽科技大學企業管理研究所未出版碩士論文。
36.葉銀華,2002,透過實踐股東行動主義健全公司治理機制,會計研究月刊,第205期,頁14-16。
37.葉銀華、李存修、柯承恩,2002,公司治理與評等系統,商志文化出版公司。
38.薛明玲,2002,誰該透明,會計研究月刊,第200期,頁13-14。
39.廖秀梅,2003,董事會結構特性與公司績效關係之研究-探討台灣家族控制企業因素的影響,國立台北大學會計學研究所未出版碩士論文。
40.蔡揚宗,1991,我國會計師從事管理顧問服務的可行性研究,國立政治大學會計學研究所未出版碩士論文。
41.蔡其諭,2002,揭露程度與負債資金成本之關係,國立政治大學會計學研究所未出版碩士論文。
42.謝淑娟,1994,觀點探討股權結構與公司經營績效之關係-以台灣上市公司為實證,國立交通大學管理科學研究所未出版碩士論文。
43.戴淵明,1986,公司控制型態與其經營績效關係之研究--臺灣地區上市公司之實證分析,國立中興大學企業管理研究所未出版碩士論文。

外文文獻:
1.Abbott , Walter F., R. Joseph Monsen. 1979. On the Measurement of Corporate Social Responsibility: Self-Reported Disclosure as a Method of Measuring Corporate Social Involvement, Academy of Management Journal 22(3): 501-515.
2.Agrawal, A., and Mandelker, G.N. 1990. Large Shareholders and the Monitoring of Managers: The Case of Anti-takeover Charter Amendments. Journal of Financial and Quantitative Analysis 25(2): 143-161.
3.Ahmed Y., Belkaoui, R. and Pavlik E. 1993. Effects of Ownership Structure, Firm Performance, Size and Diversification Strategy on CEO Compensation: A Path Analysis. Managerial Finance 19: 33-54.
4.Akerlof, G. 1970. The Market for Lemons: Quality Uncertainty and the Market Mechanism. Quarterly Journal of Economic 84(3): 488-500.
5.Amir, E. and B. Lev. 1996. Value-relevance of Non-financial Information: The Wireless Communication Industry. Journal of Accounting and Economics 22: 3-30.
6.American Institute of Certified Public Accountants (AICPA). 1994. Improving Business Reporting – A Customer Focus, Meeting the Information Needs of Investors and Creditors. A Comprehensive Report of the Special Committee on Financial Reporting.
7.Amihud, Y., and H. Mendelson. 1986. Asset Pricing and the Bid-Ask Spread. Journal of Financial Economics 17: 223-249.
8.Anderson, C., and Anthony, R.N. 1986. Corporate Directors. New York: Wiley.
9.Bacon, J. 1973. Corporate Directorship Practices: Membership and Committees of the Board. New York: The Conference Board.
10.Barnea, A., Haugen, R.Q. , & Senbet, L.W. 1985. Agency Problems and Financial Contracting. Englewood Cliffs: Prentice-Hall.
11.Barnhart, S.W. Wayne Marr M. and Stuart Rosenstein. 1994. Firm Performance and Board Compensation: Some New Evidence. Managerial and Decision Economics 15: 329-340.
12.Barry, C.B. and S.J. Brown. 1984. Differential Information and the Small Firm Effect. Journal of Financial Economics 13(2): 283-295.
13.Bens, Daniel A., Steven J. Monahan. 2002. Disclosure Quality and the Excess Value of Diversification. Working Paper, SSRN.
14.Berle, A. and Meams,G.C. 1932. The Modern Corporation and Private Property. New York: MacMillan.
15.Black, B.S., Jang, H., Kim, W. & Mark, J. 2002. Does Corporate Governance Affect Firm Value? Evidence from Korea. Working Paper, Stanford Low School.
16.Botosan, C.A., 1997. Disclosure Level and the Cost of Equity Capital. The Accounting Review 72(3): 323-349.
17.Botosan, C.A., and M.A. Plumlee. 2000. A Re-examination of Disclosure Level and Expected Cost of Capital. Journal of Accounting Research 40: 21-41.
18.Brickley, J., A. Lease, and R.C. Smith. 1988. Ownership Structure and Voting on Antitakeover Amendments. Journal of Financial Economics (30): 267-292.
19.Brounen, D., Cools, J.R., & Schweitzer, M. 2001. Information Transparency Pays: Evidence from European Property Shares. Real Estate Finance 18.
20.Byard, Donal, Kenneth W. Shaw. 2002. Corporate Disclosure Quality and Properties of Analysts’ Information Environment. Working Paper, SSRN.
21.Chaganti, R. and F. Damanpour. 1991. Institutional Ownership, Capital Structure, and Firm Performance. Strategic Management Journal 12: 479-491.
22.Chaganti, R.S., V. Mahajan and S. Sharma. 1985. Corporate Board Size, Compensation and Corporate Failures in the Retailing Industry. The Journal of Management Studies 22(4): 400-417.
23.Chan, S.H., J.D. Martin, and J.W. Kensinger. 1990. Corporate Research and Development Expenditures and Share Value. Journal of Financial Economics 26: 255-276.
24.Chau, G.K. and S.J. Gary. 2002. Ownership Structure and Corporate Voluntary Disclosure in Hong Kong and Singapore. The International Journal of Accounting 37: 247-265.
25.Claessens, S., Djankov, S., Fan, J.P.H., and Lang, L.H.P. 1998. Ownership Structure and Corporate Performance in East Asia. World Bank.
26.Claessens, S., Djankov, S., and Lang, L. 2000. East Asia Corporations: Growth, Financing, and Risks. Emerging Markets Quarterly 4(1): 37-56.
27.Cooke, T.E. 1991. An Assessment of Voluntary Disclosure in the Annual Reports of Japanese Corporations. The International Journal of Accounting 26: 174-189.
28.Cooke, T.E. 1993. Disclosure in Japanese Corporate Annual Reports. Journal of Business Finance and Accounting 20(June): 521-535.
29.Credit Lyonnais Security Asia Emerging Markets. 2001. CG Watch: Corporate Governance in Emerging Markets. Saints and Sinners: Who’s got religion? April.
30.Cullen, Lisa. and T. Christopher. 2002. Governance Disclosures and Firm Characteristics of Listed Australian Mining Companies. International Journal of Business Studies 10(June): 37-58.
31.Daily,C.M., and Dalton D.R. 1993. Board of Directors Leadership and Structure: Control and Performance Implication. Entrepreneurship: Theory and Practice 17(3): 65-81.
32.Demsetz, H. 1983. The Structure of Ownership and the Theory of the Firm. Journal of Law and Economics 26: 375-390.
33.Demsetz, H. and K. Lehn. 1985. The Structure of Corporate Ownership: Causes and Consequences. Journal of Political Economy 93: 1155-1177.
34.Diamond, D.W., and R.E.Verrecchia. 1991. Disclosure, Liquidity, and the Cost of Capital. The Journal of Finance 46: 1325-1360.
35.Donaldson, L. and J.H. Davis. 1991. Stewardship Theory or Agency Theory: CEO Governance and Shareholder Returns. Australian Journal of Management 16: 49-64.
36.D.R. Dalton, C.M. Daily, A.E. Ellstrand and J.L. Johnson. 1998. Meta- Analytic Reviews of Board Composition, Leadership Structure, and Financial Performance. Strategic Management Journal 19: 269-290.
37.Ederington, L.H., J.B., Yawitz, and B.F. Roberts. 1987. The Informational Content of Bond Ratings. Journal of Finance Research (Fall): 211-226.
38.Fama, E.F. 1980. Agency Problems and the Theory of the Firm. Journal of Political Economy 88(2): 288-307.
39.Fama, E.F. and Jensen, M.C. 1983. Separation of Ownership and Control. Journal of Low and Economics 26(2): 301-326.
40.FASB, Business Reporting Research Project (BRRP). 2001. Imporving Business Reporting: Insights into Enhancing Voluntary Disclosures. http://www.rutgers.edu/ Accounting/raw/fasb/ brr/BRRP2.pdf
41.Eng, L.L., and Y.T. Mak. 2003. Corporate Governance and Voluntary Disclosure.Journal of Accounting and Public Policy 22: 325-345.
42.Ferguson, A.J., K.C.K. Lam and G.M. Lee.2002. Voluntary Disclosure by State-owned Enterprises Listed on the Stock Exchange of Hong Kong. Journal of International Financial Management and Accounting 13(2): 125-152.
43.Forker, J.J., 1992. Corporate Governance and Disclosure Quality. Accounting and Business Research 22: 111-124.
44.Gelb, David, and Paul Zarowin. 2000. Corporate Disclosure Policy and the Informativeness of Stock Price. Working Paper, SSRN.
45.Haniffa, R.M. and T.E. Cooke. 2002. Culture, Corporate Governance and Disclosure in Malaysian Corporations. ABACUS 38: 317-349.
46.Healy, P.M., Hutton, and K.G. Palepu. 1999. Stock Performance and Intermediation Changes Surrounding Sustained Increases in Disclosure. Contemporary Accounting Research 16(3): 485-520.
47.Healy, P.M. and Palepu, K.G. 1993. The Effect of Firm’s Financial Disclosure Strategies on Stock Price. Accounting Horizon 7(1): 1-12.
48.Healy, P.M. and Palepu, K.G. 2001. Information Asymmetry, Corporate Disclosure and the Capital Markets: A Review of the Empirical Disclosure Literature. Journal of Accounting and Economics 31(1-3): 405-440.
49.Hermalin, B.E. and M.S. Weisbach. 1991. The Effects of Board Compensation and Direct Incentives on Firm Performance. Financial Management 20: 101-112.
50.Ho, S.S.M., and K.S. Wong. 1999. A Study of the Relationship between Corporate Governance Structures and the Extent of Voluntary Disclosures. Unpublished Conference Paper, 1999 AAA/TAA Globalization Conference, Taiwan.
51.Ho, S.S.M., and K.S. Wang. 2001. A Study of the Relationship between Corporate Governance Structures and the Extent of Voluntary Disclosure. Journal of International Accounting, Auditing and Taxation 10: 139-156.
52.Hossain, M., M.H.B. Perera and A.R. Rahman. 1995. Voluntary Disclosures in the Annual Report of New Zealand Companies. Jorunal of International Financial Management and Accounting 6: 69-85.
53.Jensen, M.C. and Meckling, W.H. 1976. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure. Journal of Financial Economics 3(4): 305-360.
54.Jensen, M.C., and Ruback, R.S. 1983. The Market for Corporate Control: The Scientific Evidence. Journal of Financial Economics 11(1-4): 5-50.
55.Jensen, M.C. 1993. The Modern Industrial Revolution, Exit and the Failure of Internal Control Systems. The Journal of Finance 48(3):831-880.
56.Kesner. 1987. Directors’ stock ownership and Organizational Performance: An Investigation of Fortune 500 Companies. Journal of Management 11(3): 499-507.
57.Klein. 1998. Firm Performance and Board Committee Structure. Journal of Low and Economics 41: 275-303.
58.Knutson, P. 1992. Financial Reporting in the1990’s and Beyond. New York, NY: Association for Investment Management and Research.
59.La Porta, R., Lopez-de-Silanes, F., Shleifer, A., and Vishny, R. 2000. Investor Protection and corporate Governance. Journal of Financial Economics 58(1/2): 3-27.
60.Lang, M.H., and Lundholm, R.J. 1993. Cross-sectional determinants of analyst ratings of corporate disclosure. Journal of Accounting Research 31: 246-271.
61.Lang, M.H., and Lundholm, R.J. 1996. Corporate Disclosure Policy and Analyst Behavior. The Accounting Review 71(4): 467-492.
62.Lev, B., and Penman, S. 1990. Voluntary Forcecast Disclosure, Non-disclosure, and Stock Price. Journal of Accounting Research 28(1): 49-76.
63.Lipton,M., and Lorsch, J. 1992. A Modest Proposal for Improved Corporate Governance. Business Lawyer 48(1): 59-77.
64.Mace, M.L. 1971. Directors: Myth and Reality. Harvard Business School, Boston.
65.Mark R. Huson. 2001. Internal Monitoring Mechanisms and CEO Turnover: A Long-term Perspective. The Journal of Finance, Cambridge 56(6): 22-65.
66.McAllister, John P. 2003. Transparent Reporting? Strategic Finance (March): 46-48.
67.McConnell, J., and C.J. Muscarella. 1985. Corporate Capital Expenditure Decisions and the Market Value of the Firm. Journal of Financial Economics 14: 399-422.
68.McConnell, J., and Servaes, H. 1990. Additional Evidence on Equity Ownership and Corporate Value. Journal of Financial Economics 27(2): 595-612.
69.Meek, G..K., C.B. Roberts, and S.J. Gray. 1995. Factors Influencing Voluntary Annual Report Disclosure by U.S., U.K. and Continental European Multinational Corporations. Journal of International Business Studies 26: 555-572.
70.Mehran, H. 1995. Executive Compensation Structure, Ownership and Firm Performance. Journal of Political Economy 38(2): 163-184.
71.Monsen, R.J. and A.V. Downs. 1965. A Theory of Large Managerial firms. Journal of Political Economics 73(1965): 221-236.
72.Morck, R., A. Shleifer, and R.W. Vishny. 1988. Management Ownership and Market Valuation:An Empirical Analysis, Journal of Financial Economics (20): 293-315.
73.Morck, R., Yeung, B., and Yu, W. 2000. The Information Content of Stock Markets: Why do Emerging Markets have Synchronous Stock Price Movements? Journal of Financial Economics 58(1/2): 215-260.
74.Organization for Economic Co-operation and Development. 1999. OECD Principles of Corporate Governanc.
75.Patton, A., and Baker, J.C. 1987. Why won’t Directors Rock the Boat. Harvard Business Review 65(6): 10-18.
76.Paul M. Healy, Amy P. Hutton, and Krishna G. Palepu. 1999. Stock Performance and Intermediation Changes Surrounding Sustained Increases in Disclosure. Contemporary Accounting Research 16 (fall): 485–520.
77.Pound , J. 1998. Proxy Contents and the Efficiency of Shareholder Oversight. Journal of Financial Economics 20(1/2): 237-265.
78.Rechner, P.L., and Dalton, D.R. 1991. CEO Duality and Organization Performance: A Longitudinal Analysis. Strategic Management Journal 12(2): 155-260.
79.Rosenstein, S. and J.G. Wyatt. 1997. Inside Directors, Board Effectiveness, and Shareholder Wealth. Journal of Financial Economics 44: 229-250.
80.Rothchild, Michael and Joseph E. Stiglitz. 1976. Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfection Information. Quarterly Journal of Economics 90: 629~650.
81.Schleifer, A., and Vishny, R. 1986. Large Shareholders and Corporate Control. Journal of Political Economy 94(3): 461-488.
82.Sengupta, P. 1998. Corporate Disclosure Quality and the Cost of Debt. The Accounting Review 73 (October): 459-474.
83.Shleifer, A., and Vishny, R. 1997. A Survey of Corporate Governance. Journal of Finance 52(2): 117-142.
84.Song, M.H. and R. Walking. 1993. The Impact of Managerial Ownership on Acquisition Attempts and the Market for Corporate Control. Journal of Financial and Quantitative Analysis 28: 439-457.
85.Spence, M. 1973. Job Market Signaling. Quarterly Journal of Economic 87(3): 355-379.
86.Standard & Poor’s Company. 2001. Standard & Poor’s Company Transparency & Disclosure Study.
87.Standard & Poor’s Company. 2001. Standard & Poor’s Company Transparency & Disclosure Survey2001. S & P/ IFC Emerging Asia.
88.Standard & Poor’s Company. 2002. Standard & Poor’s Corporate Governance Scores: Criteria, Methodology and Definitions.
89.Standard & Poor’s Company. 2002. Transparency & Disclosure: Overview of Methodology and Study Results-United States.
90.Standard & Poor’s Company. 2002. Standard & Poor’s Company Transparency & Disclosure Study for International Investors.
91.Stulz, R.M. 1988. Managerial Control of Voting Right: Financing Policies and the Market for Corporate Control. Journal of Financial Economics 20(1/2): 25-54.
92.Verrecchia, A. 1983.Discretionary Disclosure. Journal of Accounting and Economics 5(3): 179-194.
93.Weisbach, M.S. 1998. Outside Directors and CEO Turnover. Journal of Financial Economics 20: 431-460.
94.Williamson, O.E. 1983. Organization form Residual Claimants and Corporate Control. Journal of Low and Economics 26(2): 351-366.
95.Yermack, D. 1996. Higher Market Valuation of Companies with a Small Board of Directors. Journal of Financial Economics 40(2): 185-211.
96.Zahra, S.A. and Pearce, J.A. 1989. Board of Directors and Corporate Financial Performance: AReview and Intergrated Model. Journal of Management. 15(2): 291-334.
97.Zahra, S.A. and Pearce, J.A. 1992. Board Composition from Strategic Contingency Perspective. Journal of Management Studies 29(4): 411-438.
98.Ziebart, D., and S. Reiter. 1992. Bond Ratings, Bond Yields and Financial Information. Contemporary Accounting Research 9 (Fall): 252-282.
論文全文使用權限
  • 同意授權校內瀏覽/列印電子全文服務,於2075-06-24起公開。
  • 同意授權校外瀏覽/列印電子全文服務,於2075-06-24起公開。


  • 如您有疑問,請聯絡圖書館
    聯絡電話:(06)2757575#65773
    聯絡E-mail:etds@email.ncku.edu.tw