The Relationship between Airlines Performance and Corporate Governance in the US

碩士 === 元智大學 === 會計學系 === 97 === This paper explores the relationship between the operating performance of airlines and corporate governance in the US. First, the study applies data envelopment analysis (DEA) to access the relative efficiency of the airlines, and explore contribution extent of inputs...

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Bibliographic Details
Main Authors: Chia-Jen Tsai, 蔡佳真
Other Authors: Wei-Kang Wang
Format: Others
Language:zh-TW
Published: 2009
Online Access:http://ndltd.ncl.edu.tw/handle/00010215299311677601
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Summary:碩士 === 元智大學 === 會計學系 === 97 === This paper explores the relationship between the operating performance of airlines and corporate governance in the US. First, the study applies data envelopment analysis (DEA) to access the relative efficiency of the airlines, and explore contribution extent of inputs and outputs to technical efficiency using efficiency decomposition. It helps identify the weakness of airlines so that the efficiency can be improved. In order to further understand that common features and differences of each input / output contributes to the overall efficiency of airlines. The study uses Multivariate Analysis Technique including Cluster and Multidimensional Scaling to achieve the purpose. Second, the truncated-regression is applied to explore the corporate governance whether will affect the performances of airlines. The results indicate corporate governance have significant effect to performance and show that with the exception of CEO duality and the board size; the number of the board meetings, the number of the committees and the number of independent non-executive director have negative relationship with performance. Finally, the study proves the corporate governance play an important role in Airlines’ operating performance.