How is the Share Value Influenced by the Relationship between Corporate Governance and Information Asymmetry?

碩士 === 國立中山大學 === 國際經營管理碩士班 === 102 === Market globalization has favored market liberation. Thinking global is a real asset for firms aiming to gain market shares over their national-focused competitors. A globalized market thanks to an easier access to markets, means a better opportunity for invest...

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Bibliographic Details
Main Authors: Laura Blin, 羅小玫
Other Authors: Wann-Cherng Wang
Format: Others
Language:en_US
Published: 2014
Online Access:http://ndltd.ncl.edu.tw/handle/fvfc39
Description
Summary:碩士 === 國立中山大學 === 國際經營管理碩士班 === 102 === Market globalization has favored market liberation. Thinking global is a real asset for firms aiming to gain market shares over their national-focused competitors. A globalized market thanks to an easier access to markets, means a better opportunity for investors to find new profitable businesses and letting down risky and unprofitable projects. The main goal of this master thesis is first, to analyze the relationship between information asymmetry and corporate governance, and then to focus on the influence of this relationship on the company’s share value. To answer to this problem I set up two research questions. One is focusing on information asymmetry in a corporate environment. The second one is more turned toward firm value. I plan to study the consequences of this relationship on the firm share value by analyzing their impact on firm’s strategy. To get a more precise idea of this relationship, I will focus my study on the area of listed-building and civil engineering companies. The analysis of different corporate governances, in a context of economic uncertainty with a focus on Internal auditing department and Corporate Social Responsibility department, will allow me to provide a more accurate answer to my problem, and provide recommendations which will be targeted to the objectives and structure of these kind of companies.