This study examines the effects of corporate governance on capital structure, using the data of 145 small and medium-sized enterprises (SMEs) listed on the Taiwan Stock Exchange over the period 2000-2007. The results show that, when there is a high divergence between shareholdings and director...

This study uses the linkages between related party purchases and sales transactions as a proxy for network linkages and employs a panel data regression model to determine the relationship between financial leverage and network linkages for the family governance of Taiwan's listed business...

This paper empirically tests the determinants of executive pay. In order to gain more understanding of the fat cat problem that have been subject to hot debate, we also examine a sample firms that suffer from the “fat cat problem”, defined as firms with poor performance while their Chief...