Independent Director Arrangement and the Marginal Value of Cash Holdings: The Role of Over-investment

碩士 === 靜宜大學 === 財務金融研究所 === 96 === The Taiwan Stock Exchange Corporation Rules executed a new requirement on the independent directors in 2002. This research uses the unique Taiwanese data to examine whether independent directors can mitigate the agency problem by increasing the marginal value of an...

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Bibliographic Details
Main Authors: Chiou-Yan Wang, 王秋燕
Other Authors: Chih-Jen Huang
Format: Others
Language:en_US
Published: 2008
Online Access:http://ndltd.ncl.edu.tw/handle/87040822423773395790