| dc.contributor | 國貿系 | en_US |
| dc.creator (作者) | 蘇威傑 | zh_TW |
| dc.creator (作者) | Su,Wei-chieh ;Lee,Cheng-Yu | en_US |
| dc.date (日期) | 2013.09 | en_US |
| dc.date.accessioned | 19-十二月-2013 11:12:10 (UTC+8) | - |
| dc.date.available | 19-十二月-2013 11:12:10 (UTC+8) | - |
| dc.date.issued (上傳時間) | 19-十二月-2013 11:12:10 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/62698 | - |
| dc.description.abstract (摘要) | Can internal corporate governance mechanisms (such as boards of directors) and external corporate governance mechanisms (such as institutional reform) promote risk-taking behavior in family firms? This paper argues that conflicts between majority and minority owners, known as principal–principal conflicts, and cronyism in the board of directors affect firm risk taking. Moreover, institutional corporate governance reform to appoint outside directors may not have an immediate effect on reducing these problems. Based on a sample of family firms in Taiwan, we find that outside directors reduce the negative relationship between family ownership/involvement and risk taking. However, when their influence is examined further, it is found that in those sample firms that went public after institutional reform, outside directors did not improve the relationship between family ownership/involvement and risk taking. | en_US |
| dc.format.extent | 243647 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.language.iso | en_US | - |
| dc.relation (關聯) | Asia Pacific Journal of Management,30(3),809-828 | en_US |
| dc.subject (關鍵詞) | Outside directors;Agency theory;Risk taking;Corporate governance reform | en_US |
| dc.title (題名) | Effects of corporate governance on risk taking in Taiwanese family firms during institutional reform | en_US |
| dc.type (資料類型) | article | en |
