Corporate Governance and FDI’s Performance in China : the Difference of Conglomerate and Non-Conglomerate

碩士 === 健行科技大學 === 財務金融所 === 101 === This study aimed to investigate the impact of corporate governance on the investment in China, and compare the performance of investment in China between the conglomerate companies and non-conglomerate companies. It employed a sample of 3218 Taiwanese listed compa...

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Bibliographic Details
Main Authors: Li-Ching Yu, 余莉菁
Other Authors: 曾真真
Format: Others
Language:zh-TW
Published: 2013
Online Access:http://ndltd.ncl.edu.tw/handle/25621134722302032963
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Summary:碩士 === 健行科技大學 === 財務金融所 === 101 === This study aimed to investigate the impact of corporate governance on the investment in China, and compare the performance of investment in China between the conglomerate companies and non-conglomerate companies. It employed a sample of 3218 Taiwanese listed companies in the electronic industry between 2007 and 2012. The empirical results indicated that: increasing board size, CEO duality and board’s ownership will positively moderate the relationship between a firm’s FDI and investment performance in China. In addition, the conglomerate companies and non-conglomerate companies have significant difference in operating ability and governance mechanism.