We analyze the announcement price behavior of independent director appointments stemming from monitoring, signaling, advising effects and moderating effects of controlling shareholders. Based upon appointments samples made by firms listed on the Taiwan Stock Exchange, we find that the cumulative...

In this paper, we examine the impact of CEO age and CEO tenure on the cash holdings of firms using unique hand-collected data from listed firms in Taiwan for the period 2010 to 2019. We find that CEO age has negative, while CEO tenure has positive, associations with the levels of corporate cash...