An Empirical Study of the Relationship between Characteristic, Ownership Structure of Board, and Intellectual Capital－Evidence from Taiwan IT Industries
| Autor: | Chu-Ting Chang, 張筑婷 |
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| Rok vydání: | 2009 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 97 Due to an oncoming new economy system and the rapid IT development, the intangible asset will become a significant and essential factor to bring the competitive advantage for firms in the future. The management should focus on the accumulation of intellectual capital. Corporate governance could help stakeholders executive the managerial decision to maximize stakeholders benefits(Weimer and Pape, 1999).The core of corporate governance is the board of directors, which is also the highest decision making institution not concluding stakeholders. So the performance of corporate depends on decision making by the board of directors. In the other words, the board of directors play an important role in developing intellectual capital. This study attempts to investigate if ownership structural and composition of the board directors affect developing of intellectual capital in the firms. This study uses data of publicly traded IT-related and electronic companies in Taiwan for year 2004 to 2007. The results indicated that the number of directors, the ownership of directors, and the education of board chairman, the female proportion of directors are significantly positively related to human capital. The number of directors and the education of board chairman are significantly positively related to relation capital. The number of directors, the proportion of independent directors, the education of board chairman are significantly positively related to innovation capital. The number of directors, the education of board chairman and rewards of directors are significantly positively related to process capital. The duality position between board chairman and CEO is negatively related to human capital. Besides, the female proportions of directors are significantly negatively related to innovation capital. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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