The Relationship between Directors Interlocking and Financing Decisions
碩士 === 國立雲林科技大學 === 財務金融系 === 104 === This study examines the relation between directors interlocking and debt financing. The sample includes Taiwan public firms over 14 years (2000-2013). We divide long-term debt into three part: Leverage-bank. Leverage-bond and Leverage-private. We find that firms...
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ndltd-TW-104YUNT03040192017-09-10T04:29:40Z http://ndltd.ncl.edu.tw/handle/75519522084897782155 The Relationship between Directors Interlocking and Financing Decisions 董事會成員的社會網絡與融資決策之關聯性探討 YANG,CHUN-YI 楊君儀 碩士 國立雲林科技大學 財務金融系 104 This study examines the relation between directors interlocking and debt financing. The sample includes Taiwan public firms over 14 years (2000-2013). We divide long-term debt into three part: Leverage-bank. Leverage-bond and Leverage-private. We find that firms with directors interlocking tend to have greater leverage, especially loan-bank and loan-bond. The loan component analysis further shows that constrained firms with directors interlocking have lower long-term debt ratio than those without directors interlocking. CHOU,SHU-CHING 周淑卿 2016 學位論文 ; thesis 36 zh-TW |
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碩士 === 國立雲林科技大學 === 財務金融系 === 104 === This study examines the relation between directors interlocking and debt financing. The sample includes Taiwan public firms over 14 years (2000-2013). We divide long-term debt into three part: Leverage-bank. Leverage-bond and Leverage-private. We find that firms with directors interlocking tend to have greater leverage, especially loan-bank and loan-bond. The loan component analysis further shows that constrained firms with directors interlocking have lower long-term debt ratio than those without directors interlocking.
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CHOU,SHU-CHING |
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CHOU,SHU-CHING YANG,CHUN-YI 楊君儀 |
author |
YANG,CHUN-YI 楊君儀 |
spellingShingle |
YANG,CHUN-YI 楊君儀 The Relationship between Directors Interlocking and Financing Decisions |
author_sort |
YANG,CHUN-YI |
title |
The Relationship between Directors Interlocking and Financing Decisions |
title_short |
The Relationship between Directors Interlocking and Financing Decisions |
title_full |
The Relationship between Directors Interlocking and Financing Decisions |
title_fullStr |
The Relationship between Directors Interlocking and Financing Decisions |
title_full_unstemmed |
The Relationship between Directors Interlocking and Financing Decisions |
title_sort |
relationship between directors interlocking and financing decisions |
publishDate |
2016 |
url |
http://ndltd.ncl.edu.tw/handle/75519522084897782155 |
work_keys_str_mv |
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