The Effect of Relative Seniority of Board Members and CEO on Firm Performance
碩士 === 國立臺灣大學 === 財務金融學研究所 === 105 === This paper mainly examines if the relative junior board members compared to CEO will have negative effect on firm performance measured by ROA、ROE and Tobin’s Q. The sample consisted of firms that had listed in Taiwanese Securities Exchange either in 2010 or 201...
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2017
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| Online Access: | http://ndltd.ncl.edu.tw/handle/30484739426872278894 |
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ndltd-TW-105NTU053040052017-03-26T04:24:33Z http://ndltd.ncl.edu.tw/handle/30484739426872278894 The Effect of Relative Seniority of Board Members and CEO on Firm Performance 公司董事會成員與 CEO 相對年資對公司營運績效的影響 Chia-Hua Ho 何佳樺 碩士 國立臺灣大學 財務金融學研究所 105 This paper mainly examines if the relative junior board members compared to CEO will have negative effect on firm performance measured by ROA、ROE and Tobin’s Q. The sample consisted of firms that had listed in Taiwanese Securities Exchange either in 2010 or 2015. The empirical results suggest that there is no direct effect of relative seniority of board members and CEO on firm performance measured by ROA and ROE. However, in firms’ with lower director ownership or higher excess cash, relative junior board members compared to CEO tend to have negative effect on Tobin’s Q. Yan-Shing Chen 陳彥行 2017 學位論文 ; thesis 31 zh-TW |
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NDLTD |
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zh-TW |
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Others
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NDLTD |
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碩士 === 國立臺灣大學 === 財務金融學研究所 === 105 === This paper mainly examines if the relative junior board members compared to CEO will have negative effect on firm performance measured by ROA、ROE and Tobin’s Q. The sample consisted of firms that had listed in Taiwanese Securities Exchange either in 2010 or 2015. The empirical results suggest that there is no direct effect of relative seniority of board members and CEO on firm performance measured by ROA and ROE. However, in firms’ with lower director ownership or higher excess cash, relative junior board members compared to CEO tend to have negative effect on Tobin’s Q.
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| author2 |
Yan-Shing Chen |
| author_facet |
Yan-Shing Chen Chia-Hua Ho 何佳樺 |
| author |
Chia-Hua Ho 何佳樺 |
| spellingShingle |
Chia-Hua Ho 何佳樺 The Effect of Relative Seniority of Board Members and CEO on Firm Performance |
| author_sort |
Chia-Hua Ho |
| title |
The Effect of Relative Seniority of Board Members and CEO on Firm Performance |
| title_short |
The Effect of Relative Seniority of Board Members and CEO on Firm Performance |
| title_full |
The Effect of Relative Seniority of Board Members and CEO on Firm Performance |
| title_fullStr |
The Effect of Relative Seniority of Board Members and CEO on Firm Performance |
| title_full_unstemmed |
The Effect of Relative Seniority of Board Members and CEO on Firm Performance |
| title_sort |
effect of relative seniority of board members and ceo on firm performance |
| publishDate |
2017 |
| url |
http://ndltd.ncl.edu.tw/handle/30484739426872278894 |
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