dc.contributor | 會計系 | |
dc.creator (作者) | Wang, Wei-Kang;Lu, Wen-Min;Lin, Yi-Ling | |
dc.creator (作者) | 林怡伶 | zh_TW |
dc.date (日期) | 2012-05 | |
dc.date.accessioned | 24-Aug-2015 15:00:51 (UTC+8) | - |
dc.date.available | 24-Aug-2015 15:00:51 (UTC+8) | - |
dc.date.issued (上傳時間) | 24-Aug-2015 15:00:51 (UTC+8) | - |
dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/77961 | - |
dc.description.abstract (摘要) | This study explores the relationship between the operating performance and corporate governance of bank holding companies (BHCs) in the U.S. The modified data envelopment analysis (DEA) is utilized to integrate the five rating indicators of CAMEL (Capital Adequacy, Asset Quality, Management, Earnings, and Liquidity) so as to estimate the BHCs` performance. This study also employs the modified tiered DEA to categorize 68 BHCs into three Tiers. Additionally, the truncated-regression is employed to discuss whether or not the corporate governance would affect the performance of BHCs. The empirical results present the trade-off relationship with CAMEL indicators in the Tier1—Efficient BHCs. Moreover, it has been found that there are negative impacts on BHC`s performance from board size, outside directors, the average age of directors and CEO/Chairman duality, while there are positive impacts from the number of committee and Big-4 auditors. The results further prove that corporate governance is important for the operating performance of BHCs. | |
dc.format.extent | 521565 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.relation (關聯) | Economic Modelling, 29(3), 751-760 | |
dc.subject (關鍵詞) | Bank holding companies;CAMEL;Data envelopment analysis;Corporate governance;Truncated-regression | |
dc.title (題名) | Does corporate governance play an important role in BHC performance? Evidence from the U.S. | |
dc.type (資料類型) | article | en |
dc.identifier.doi (DOI) | 10.1016/j.econmod.2012.01.021 | |
dc.doi.uri (DOI) | http://dx.doi.org/10.1016/j.econmod.2012.01.021 | |