This study is to investigate the relationship between ownership and firm performance in the environment in which collateralising shares by directors and supervisors is a common practice. The sample includes firms that are listed on the Taiwan Stock Exchange from 1998 to 2002 except those in the...

Over the last decade, the media environment in Taiwan has changed dramatically. A global magazine 'Foreign Policy', on 20th February 2014, specifically discussed these issues and described Taiwanese media as sensationalist without depth. In deed, the exaggerated and lurid news contents are the...

One of the difficult tasks in urban renewal is land assembly because it requires consent from landowners. The major obstacle for negotiation comes from the fact that some landowners ask higher than market price for their land. The characteristics of landowners are classified into two types...

This research examines reform in China. We argue the reform will lead the socialist-market-economy into capitalism. Reform offers opportunities to alter ownership of equity and frees management from control of the communist party. This research discusses the relation between market liquidity,...

This study’s focuses on the effects of directors and employee stock bonus plans on electronic companies listed on the Taiwan Stock Exchange Corporation. In addition, the paper examines the appropriate internal corporate governance mechanisms for firms. The evidence shows firms with...

This article proposes a new model, referred to as Information Quality Indicator of Discretionary Accrual (IQIDA), to study earnings management. A limitation of prior studies on earnings management is examined using the two dimensions of decision validity. Based on the notion of 'information...