Internal Control Weakness and CEO Media Exposure

• Main Authors: Pei-Ru You, 游佩儒
• Other Authors: Yaying Mary Chou Yeh
• Format: Others
• Published: 2017
• Online Access: http://ndltd.ncl.edu.tw/handle/cg92y7

碩士 === 國立東華大學 === 會計與財務碩士學位學程 === 105 === This study selects a sample of Taiwanese electronic firms from 2010 to 2014 to investigate the impact of internal control weakness (ICW) on CEO media exposure. Empirical evidences show that firms with more internal control weakness experience higher CEO media exposure and results remain consistent when using an alternative measure of media exposure considering media tone. This implies that CEOs are concerned with their reputation in the media so they will take action when facing negative events such as the reveal of internal control weakness. This study further finds that firms with good corporate governance will mitigate ICW-CEO media exposure relationship, compared to those companies with poor corporate governance. Similarly, the results of this study also reveal that family firm would not allow CEOs to overly expose in the media for possible impression management when occurring internal control weakness, compared to non-family firms.