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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Main Authors: Guan-WenWang, 王冠文
Other Authors: Ping-Hsun Huang
Format: Others
Language:en_US
Published: 2016
Online Access:http://ndltd.ncl.edu.tw/handle/03478110163272200451
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spelling 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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description 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.
author2 Ping-Hsun Huang
author_facet 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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