AN EXAMINATION OF THE RELATIONSHIP OF CORPORATE GOVERNANCE TO FIRM PERFORMANCE: EMPIRICAL EVIDENCE FROM VIETNAMESE LISTED COMPANIES

被引：0
|
作者：
Nguyen Ngoc Dieu Le [1 ]
机构：
[1] Foreign Trade Univ, Hanoi, Vietnam
来源：
PROCEEDINGS OF THE 1ST INTERNATIONAL CONFERENCE ON FINANCE AND ECONOMICS 2014 | 2014年
关键词：
corporate governance; board size; chairman ownership; foreign ownership; ownership concentration; BOARD SIZE; FINANCIAL PERFORMANCE; AGENCY COSTS; OWNERSHIP; DIRECTORS; DETERMINANTS; EAST;
D O I：
暂无
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
With a sample of Vietnamese listed firms, we examine the relationship between performance and the corporate governance in the context of an emerging country. While board size, chairman ownership, foreign ownership and ownership concentration positively relates with firm's performance as measured by Tobin's Q, foreign ownership appears to have the strongest effect on firm performance. Besides, we observe that highly levered firms perform worse. The hypotheses that duality and CEO ownership significantly affects firm performance are statistically rejected.
引用
收藏
页码：475 / 485
页数：11
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