Do Financial Expert CEOs Really Affect Corporate Financial Policies and Firm Performance? Empirical Evidence from Taiwan
碩士 === 國立成功大學 === 財務金融研究所 === 104 === The main purpose of this paper is to examine the effect of financial expert CEO on corporate financial policy and firm performance by using a sample of firms listed on Taiwan Stock Exchange including 351 with financial expert CEOs, and 6956 with non-financial ex...
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ndltd-TW-104NCKU53040322017-10-01T04:30:03Z http://ndltd.ncl.edu.tw/handle/03478110163272200451 Do Financial Expert CEOs Really Affect Corporate Financial Policies and Firm Performance? Empirical Evidence from Taiwan 財務專業CEO對公司財務政策與績效影響之探討 Guan-WenWang 王冠文 碩士 國立成功大學 財務金融研究所 104 The main purpose of this paper is to examine the effect of financial expert CEO on corporate financial policy and firm performance by using a sample of firms listed on Taiwan Stock Exchange including 351 with financial expert CEOs, and 6956 with non-financial expert CEOs during 2005 to 2014. My empirical results show that firms with financial expert CEOs tend to hold less cash. Nevertheless, I do not find that financial expert CEOs show a better ability to time the market and perform better than non-financial expert CEOs. Ping-Hsun Huang 黃炳勳 2016 學位論文 ; thesis 28 en_US |
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碩士 === 國立成功大學 === 財務金融研究所 === 104 === The main purpose of this paper is to examine the effect of financial expert CEO on corporate financial policy and firm performance by using a sample of firms listed on Taiwan Stock Exchange including 351 with financial expert CEOs, and 6956 with non-financial expert CEOs during 2005 to 2014. My empirical results show that firms with financial expert CEOs tend to hold less cash. Nevertheless, I do not find that financial expert CEOs show a better ability to time the market and perform better than non-financial expert CEOs.
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Ping-Hsun Huang |
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Ping-Hsun Huang Guan-WenWang 王冠文 |
author |
Guan-WenWang 王冠文 |
spellingShingle |
Guan-WenWang 王冠文 Do Financial Expert CEOs Really Affect Corporate Financial Policies and Firm Performance? Empirical Evidence from Taiwan |
author_sort |
Guan-WenWang |
title |
Do Financial Expert CEOs Really Affect Corporate Financial Policies and Firm Performance? Empirical Evidence from Taiwan |
title_short |
Do Financial Expert CEOs Really Affect Corporate Financial Policies and Firm Performance? Empirical Evidence from Taiwan |
title_full |
Do Financial Expert CEOs Really Affect Corporate Financial Policies and Firm Performance? Empirical Evidence from Taiwan |
title_fullStr |
Do Financial Expert CEOs Really Affect Corporate Financial Policies and Firm Performance? Empirical Evidence from Taiwan |
title_full_unstemmed |
Do Financial Expert CEOs Really Affect Corporate Financial Policies and Firm Performance? Empirical Evidence from Taiwan |
title_sort |
do financial expert ceos really affect corporate financial policies and firm performance? empirical evidence from taiwan |
publishDate |
2016 |
url |
http://ndltd.ncl.edu.tw/handle/03478110163272200451 |
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