Work

How does the supervision effect affect the firm’s performance in Taiwanese stock market?

Year: 2024

Type: article

Abstract: This paper explores the impact of the CEO's supervisory role as an independent director on firm performance, utilizing measures such as Return on Equity (ROE) and Tobin's Q. The supervisory effect is assessed through the remuneration of directors and supervisors. Empirical findings indicate a significant supervisory role when the CEO also serves as an independent director. Whether viewed from the perspective of shareholders' equity or company growth, the CEO's involvement as an independent director positively influences firm performance. Furthermore, the concurrent roles of CEO and independent director contribute to enhanced firm performance, irrespective of their relationship.

Source: PLoS ONE

DOI: 10.1371/journal.pone.0307988

Authors: Tsung-Yu Hsieh, Tsai-Yin Lin, Fangjhy Li, Chih-Yun Tien

Institutions: Zhaoqing University, National Kaohsiung University of Science and Technology, Hubei University Of Economics

Language: English

Topic: Corporate Finance and Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: gold

Estimated APC paid: $2,290

OpenAlex ID: W4402266178

FWCI:

Cites: 21

Cited by:

Related to: 10