The Impact of Government Shareholding on Firm Performance: A Corporate Governance Perspective

被引:0
|
作者
Huang, Wen-Hsin [1 ]
Huang, Mei-Juh [2 ]
Huang, Mei-Hua [1 ]
机构
[1] Asia Univ, Dept Accounting & Informat Syst, Taichung, Taiwan
[2] Fu Jen Catholic Univ, Dept Accounting, Taipei, Taiwan
关键词
NEWLY PRIVATIZED FIRMS; OPERATING PERFORMANCE; OWNERSHIP STRUCTURE; STATE;
D O I
10.1007/978-3-319-61542-4_75
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
This research uses data from publicly listed firms in Taiwan to investigate the role of government as a shareholder in a firm's corporate governance and its impact on a firm's performance. Using Structural Equation Model (SEM), we verify the direct effect of government shareholdings on corporate governance and firm performance. We also observe the indirect effect of government shareholdings on firm performance through the channel that government shareholdings exercise influence on a firm's corporate governance.
引用
收藏
页码:741 / 750
页数:10
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