期刊論文
| 學年 | 108 |
|---|---|
| 學期 | 1 |
| 出版（發表）日期 | 2019-10-31 |
| 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 | en |
| ISSN | 1522-1970 |
| 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 | 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/987654321/115212 ) |