Board independence, family control, and performance in Taiwanese listed semiconductor companies
We examine the relationship between board independence, family control, and operating efficiency, and the moderating effect of family control on the relationship between board independence and operating efficiency. We apply the dynamic slacks-based measure (DSBM) model to estimate operating efficien...
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Hitotsubashi University
2023
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my.uniten.dspace-223272023-05-29T14:00:14Z Board independence, family control, and performance in Taiwanese listed semiconductor companies Kweh Q.L. Kuo K.-C. Wang W.-K. Liu H.-M. 55661469500 56480024400 23096112500 54880671700 We examine the relationship between board independence, family control, and operating efficiency, and the moderating effect of family control on the relationship between board independence and operating efficiency. We apply the dynamic slacks-based measure (DSBM) model to estimate operating efficiency. Usinga sample of 42 Taiwanese listed semiconductor companies for the period 2005-2012, we employ truncated regression with a bootstrapping procedure for multivariate analysis. The presence of board independence is significantly positively related to operating efficiency. Family control has a negative impact on operating efficiency. The positive effect of board independence on operating efficiency is significantly weakened in family companies. � 2015 Hitotsubashi University. Final 2023-05-29T06:00:14Z 2023-05-29T06:00:14Z 2015 Article 2-s2.0-84939550092 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84939550092&partnerID=40&md5=85ebcfd57cd1c31c331370e992530eae https://irepository.uniten.edu.my/handle/123456789/22327 56 1 93 115 Hitotsubashi University Scopus |
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We examine the relationship between board independence, family control, and operating efficiency, and the moderating effect of family control on the relationship between board independence and operating efficiency. We apply the dynamic slacks-based measure (DSBM) model to estimate operating efficiency. Usinga sample of 42 Taiwanese listed semiconductor companies for the period 2005-2012, we employ truncated regression with a bootstrapping procedure for multivariate analysis. The presence of board independence is significantly positively related to operating efficiency. Family control has a negative impact on operating efficiency. The positive effect of board independence on operating efficiency is significantly weakened in family companies. � 2015 Hitotsubashi University. |
| author2 |
55661469500 |
| author_facet |
55661469500 Kweh Q.L. Kuo K.-C. Wang W.-K. Liu H.-M. |
| format |
Article |
| author |
Kweh Q.L. Kuo K.-C. Wang W.-K. Liu H.-M. |
| spellingShingle |
Kweh Q.L. Kuo K.-C. Wang W.-K. Liu H.-M. Board independence, family control, and performance in Taiwanese listed semiconductor companies |
| author_sort |
Kweh Q.L. |
| title |
Board independence, family control, and performance in Taiwanese listed semiconductor companies |
| title_short |
Board independence, family control, and performance in Taiwanese listed semiconductor companies |
| title_full |
Board independence, family control, and performance in Taiwanese listed semiconductor companies |
| title_fullStr |
Board independence, family control, and performance in Taiwanese listed semiconductor companies |
| title_full_unstemmed |
Board independence, family control, and performance in Taiwanese listed semiconductor companies |
| title_sort |
board independence, family control, and performance in taiwanese listed semiconductor companies |
| publisher |
Hitotsubashi University |
| publishDate |
2023 |
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1806426069087027200 |