期刊論文
學年 | 108 |
---|---|
學期 | 1 |
出版(發表)日期 | 2019-12-01 |
作品名稱 | Corporate Governance, Customer Awareness, and Firm Value: Evidence from TWSE CG 100 Index |
作品名稱(其他語言) | |
著者 | Hsieh, Chih-jou |
單位 | |
出版者 | |
著錄名稱、卷期、頁數 | Advances in Investment Analysis and Portfolio Management 9, p.175- 216 |
摘要 | In this study, we use TWSE CG 100 Index, a corporate governance index launched by Taiwan Securities Exchange (TWSE) in 2015, to examine the connection between corporate governance and firm value. The empirical sample consists of 1,401 firm-year observations, spanning the period from 2015 to 2017. Our findings indicate that the CG 100 Index constituents have higher firm value than those not. In addition, the moderating analysis finds that the CG 100 Index constituents with higher customer awareness measured by marketing intensity are significantly and positively associated with firm value. This implies that a firm's CG performance can further enhance the firm's value through the customer channel, and several robust results provide evidence to support the main results. |
關鍵字 | Corporate Governance;Customer Awareness;Firm Value;TWSE CG 100 Index |
語言 | en_US |
ISSN | 1941-9864 |
期刊性質 | 國外 |
收錄於 | Airiti Library Taiwan |
產學合作 | |
通訊作者 | Hsin-Hue Chang |
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/987654321/124338 ) |