CEO Tenure in Taiwanese Family and Nonfamily Firms: An Agency Theory Perspective
學年 94
學期 2
出版（發表）日期 2006-03-01
作品名稱 CEO Tenure in Taiwanese Family and Nonfamily Firms: An Agency Theory Perspective
作品名稱（其他語言）
著者 Tsai, Wen-hsien; Hung, Jung-hHua; Kuo,Yi-chen; Kuo, Lo-pin
單位 淡江大學會計學系
出版者 Thousand Oaks: Sage Publications, Inc.
著錄名稱、卷期、頁數 Family Business Review 19(1), pp.11-28
摘要 This study investigated the tenure of CEOs in a sample of 304 listed companies in Taiwan; 63 firms were family controlled, 241 were not. The results show that CEO turnover is significantly lower in family firms and its relationship to corporate performance is negative. CEO ownership and board ownership are not significant in explaining the length of family CEO tenure. These findings imply that family boards can still effectively replace the CEO despite relatively low ownership. From the ownership structure perspective, this study suggested that the agency theory is applicable for nonfamily firms in Taiwan, but unsuitable for family firms.
關鍵字
語言 zh_TW
ISSN 0894-4865
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者
審稿制度 否
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/987654321/55021 )

機構典藏連結
SDGS 產業創新與基礎設施,和平正義與有力的制度