期刊論文
| 學年 | 109 |
|---|---|
| 學期 | 2 |
| 出版（發表）日期 | 2021-04-15 |
| 作品名稱 | Voluntary adoption of audit committees, ownership structure and firm performance: Evidence from Taiwan |
| 作品名稱（其他語言） | |
| 著者 | Junmao Chiu, Huimin Chung, and Shih-Chang Hung |
| 單位 | |
| 出版者 | |
| 著錄名稱、卷期、頁數 | Emerging Markets Finance and Trade 57(5), p.1514-1542 |
| 摘要 | Based on exogenous policy in corporate governance reform, this study examines how the voluntary adoption of audit committees affects firm performance and risk. We use a self-selection model to investigate the effect of voluntary adoption of audit committees on Tobin’s Q, return on assets, and idiosyncratic risk. Our results show that Taiwanese listed firms, especially those that are family controlled, have better performance and lower risk when they voluntarily adopt audit committees. Our results suggest that voluntary adoption of audit committees can reduce agency conflict and asymmetric information. |
| 關鍵字 | agency conflict;audit committee;firm performance;idiosyncratic risk;voluntary adoption |
| 語言 | en_US |
| ISSN | 1558-0938 |
| 期刊性質 | 國外 |
| 收錄於 | SSCI NotTSSCI |
| 產學合作 | |
| 通訊作者 | |
| 審稿制度 | 是 |
| 國別 | TWN |
| 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/987654321/122918 ) |