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題名:博達公司個案--從利益收斂假說的觀點探討
書刊名:產業管理評論
作者:嚴奇峰 引用關係林雅惠楊燿鴻
出版日期:2012
卷期:5:2
頁次:頁55-72
主題關鍵詞:博達公司利益收斂假說公司治理控制股東
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(0) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:0
  • 共同引用共同引用:126
  • 點閱點閱:141
本研究以博達個案來分析公司在經營權與所有權沒有分離下,「利益收斂假說」在公司治理上能否發揮效用,以及管理者透過自利行為侵犯小股東權益。由博達案可發現,由於現在台灣公司治理普遍有大股東控制著董事會與管理階層的現象,此現象應該適度的調整。基於利益收斂假說,應該提高董監事兼任經理人持股,且為了避免控制股東侵犯小股東權益,以及避免出現像博達案等重大公司治理事件重演,應限制控制股東直接或間接的持股比例,並鼓勵專業經理人增加公司持股比例。
期刊論文
1.Basu, S.、Hwang, L.、Mitsudome, T.、Weintrop, J.(2007)。Corporate Governance, Top Executive Compensation and Firm Performance in Japan。Pacific-Basin Finance Journal,15(1),56-79。  new window
2.Byrd, J. W.、Hickman, K. A.(199210)。Do Outside Directors Monitor Managers? Evidence from Tender off Bids。Journal of Financial Economics,32(2),195-221。  new window
3.Kesner, Idalene F.(1987)。Directors' Stock Ownership and Organizational Performance: An Investigation of Fortune 500 Companies。Journal of Management,13(3),499-508。  new window
4.Senbet, Lemma W.、Haugen, Robert A.(1981)。Resolving the Agency Problems of External Capital through Options。The Journal of Finance,36(3),629-647。  new window
5.Morck, Randall、Shleifer, Andrei、Vishny, Robert W.(1988)。Management Ownership and Market Valuation: An Empirical Analysis。Journal of Financial Economics,20(1/2),293-315。  new window
6.Claessens, Stijn、Djankov, Simeon、Lang, Larry H. P.(2000)。The Separation of Ownership and Control in East Asian Corporations。Journal of Financial Economics,58(1/2),81-112。  new window
7.La Porta, Rafael、López-de-Silanes, Florencio、Shleifer, Andrei(1999)。Corporate ownership around the world。Journal of Finance,54(2),471-517。  new window
8.Yermack, David(1996)。Higher market valuation of companies with a small board of directors。Journal of Financial Economics,40(2),185-211。  new window
9.Core, John E.、Holthausen, Robert W.、Larcker, David F.(1999)。Corporate governance, chief executive officer compensation, and firm performance。Journal of Financial Economics,51(3),371-406。  new window
10.葉銀華(19990500)。家族控股集團、核心企業與報酬互動之研究--臺灣與香港證券市場之比較。管理評論,18(2),59-86。new window  延伸查詢new window
11.Jensen, Michael C.、Meckling, William H.(1976)。Theory of the firm: Managerial behavior, agency costs and ownership structure。Journal of Financial Economics,3(4),305-360。  new window
12.Kaplan, S. N.(1994)。Campeau's Acquisition of Federated: Post-Bankruptcy Results。Journal of Financial Economics,35(1),123-136。  new window
13.Kato, T.、Kubo, K.(2006)。CEO Compensation and Firm Performance in Japan: Evidence from New Panel Data on Individual CEO Pay。Journal of the Japanese and International Economics,20(1),1-19。  new window
14.Lilling, M. S.(2006)。The Link between CEO Compensation and Firm Performance: Simultaneity Matter?。Atlantic Economic Journal,34(1),101-104。  new window
15.Song, M.、Walkling, R.(1993)。The Impact of Managerial Ownership on Acquisition Attempts and Target Shareholder Wealth。Journal of Financial and Quantitative Analysis,28(4),439-457。  new window
研究報告
1.Fuerst, O.、Kang, S. H.(2000)。Corporate governance, expected operating performance, and pricing。New Haven:Yale School of Management。  new window
學位論文
1.翁淑育(2000)。台灣上市公司股權結構、核心代理問題及公司價值之研究(碩士論文)。輔仁大學。  延伸查詢new window
2.彭懷真(1989)。台灣企業業主的”關係”及其轉變--一個社會學的分析(博士論文)。東海大學。new window  延伸查詢new window
3.錢逸達(2004)。內部人士薪酬之決定因素--公司績效或公司治理?。國立成功大學。  延伸查詢new window
 
 
 
 
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