Multiple Directorships and Value of Cash Holdings
碩士 === 國立中正大學 === 會計與資訊科技研究所 === 101 === Grounded in free cash flow agency theory, recent studies find that the market value of an additional dollar in cash holdings is less than one dollar. In this paper, we examine whether and how multiple directorships affect the value destruction associated wit...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2013
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| Online Access: | http://ndltd.ncl.edu.tw/handle/2b9nrc |