| Summary: | 碩士 === 朝陽科技大學 === 財務金融系碩士班 === 90 === My master thesis follow suits the key concepts and research methodology of Yen (1997) and make a paired comparison of publishing behavior between Journal of Financial Economics (JFE) and Taiwan Economic Review (TER). After expanding the observing period and adjusting counting for co-authored papers, it is found that the original empirical findings remain intact. Specifically, the editorial board of TER facing less severe market competition reveals a tendency to publish more than proportionately while serving as editors.
To provide corroborative evidence, my master thesis also examines two-related issues: (1) whether the observed more than proportionate publishing behavior during the period while serving as editors is explainable in terms higher productivity as measured by number of publication in Journals indexed in Social Science Citation Index (SSCI); (2) whether the observed more than proportionate publishing behavior during the period while serving as editors are caused by a shortage of submitted papers. In either regard, the conjecture from the perspective of non-opportunistic behavior has not gained empirical support.
In viewing the reinforcing empirical findings as summarized above, the notion that board members facing less market competition have a tendency to engage in opportunistic behavior cannot be rejected.
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