Board Compositions and Characteristics, CEO Turnover and Corporation Performances Changes
| Autor: | Chi-Hsiang Chen, 陳吉祥 |
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| Rok vydání: | 2007 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 95 ： This paper is to investigate the relationships among board compositions and characteristics, CEO turnover and corporation performances changs by multiple regression model for Taiwan listed SEC and OTC corporations from January, 1996 to December, 2005. The CEO turnover has positive influence on post accounting performances. The internal director holdings decreases accounting performances post CEO turnover before the act of the independent directors and auditor. While it does not effect post CEO turnover after the act of the independent directors and auditor. Additionally, the internal director decreases stock market performances post CEO turnover before the act of the independent directors and auditor. The outside director and gray director have not influence on stock market performances post CEO turnover before the act of the independent directors and auditor. The outside director holdings and internal director increase on tock market performances post CEO turnover after the act of the independent directors and auditor. While gray director holdings has decreases on tock market performances post CEO turnover. Therefore, corporation governance system is good for stock market performances post CEO turnover. The results of this paper can provide government as references in making policies, corporation managers in making decisions, and investors in investments. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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