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題名:經理人持股對公司價值的影響:過度自信的角色
書刊名:經濟研究. 臺北大學經濟學系
作者:劉永欽 引用關係陳香如陳聖雯
作者(外文):Liu, Yong-chinChen, Hsiang-juChen, Sheng-wen
出版日期:2018
卷期:54:2
頁次:頁191-242
主題關鍵詞:經理人持股過度自信利益一致假說職位防衛假說公司治理Managerial ownershipOverconfidenceConvergence of interests hypothesisEntrenchment hypothesisCorporate governance
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(1) 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:180
  • 點閱點閱:8
期刊論文
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3.張力、蔡函芳、林翠蓉、王禹軒、洪榮華(20130300)。家族企業特性與經理人過度自信對其舉債決策之影響。中山管理評論,21(1),123-163。new window  延伸查詢new window
4.Ahmed, Anwer S.、Duellman, Scott(2013)。Managerial Overconfidence and Accounting Conservatism。Journal of Accounting Research,51(1),1-30。  new window
5.Campbell, Timothy Colin、Gallmeyer, Michael、Johnson, Shane A.、Rutherford, Jessica、Stanley, Brooke W.(2011)。CEO Optimism and Forced Turnover。Journal of Financial Economics,101(3),695-712。  new window
6.Schrand, Catherine M.、Zechman, Sarah L. C.(2012)。Executive Overconfidence and the Slippery Slope to Financial Misreporting。Journal of Accounting and Economics,53(1/2),311-329。  new window
7.邱麗卿、馬詠蘭(20130300)。管理者過度自信及股權結構對銀行經營績效的影響。臺灣金融財務季刊,14(1),31-64。new window  延伸查詢new window
8.Cui, Huimin、Mak, Y. T.(2002)。The Relationship Between Managerial Ownership and Firm Performance in High R&D Firms。Journal of Corporate Finance,8(4),313-336。  new window
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10.Goel, Anand M.、Thakor, Anjan V.(2008)。Overconfidence, CEO selection, and corporate governance。The Journal of Finance,63(6),2737-2784。  new window
11.Hung, Jung-Hua、Chen, Hsiang-Ju(2009)。Minimum shareholding requirements for insiders: Evidence from Taiwanese SMEs。Corporate Governance: An International Review,17(1),35-46。  new window
12.陳美華、洪世炳(20050600)。公司治理、股權結構與公司績效關係之實證研究。企業管理學報,65,129-153。new window  延伸查詢new window
13.Wruck, K. H.(1989)。Equity Ownership Concentration and Firm Value: Evidence from Private Equity Financings。Journal of Financial Economics,23(1),3-28。  new window
14.Bushman, Robert M.、Chen, Qi、Engel, Ellen、Smith, Abbie(2004)。Financial Accounting Information, Organizational Complexity and Corporate Governance Systems。Journal of Accounting and Economics,37(2),167-201。  new window
15.Pathan, Shams(2009)。Strong Boards, CEO Power and Bank Risk-taking。Journal of Banking and Finance,33(7),1340-1350。  new window
16.洪榮華、王文聖、李易政、陳香如、張瑋珊(20130600)。經理人過度自信對企業發生財務危機之影響:以家族企業特性為調節效果。臺大管理論叢,23(2),65-96。new window  延伸查詢new window
17.薛健宏、許崇源(20120300)。董監持股、企業風險與技術投資對公司運用經理人工作誘因、內部監督機制之影響。證券市場發展,24(1)=93,67-110。new window  延伸查詢new window
18.Zajac, Edward J.、Westphal, James D.(1994)。The Costs and Benefits of Managerial Incentives and Monitoring in Large U.S. Corporations: When is More Not Better?。Strategic Management Journal,15(S1),121-142。  new window
19.Hilary, Gilles、Menzly, Lior(2001)。Does Past Success Lead Analysts to Become Overconfident?。Management Science,52(4),489-500。  new window
20.Selarka, E.(2005)。Ownership Concentration and Firm Value: A Study from the Indian Corporate Sector。Emerging Markets Finance and Trade,41(6),83-108。  new window
21.Banerjee, Suman、Humphery-Jenner, Mark、Nanda, Vikram(2015)。Restraining overconfident CEOs through improved governance: Evidence from the Sarbanes-Oxley Act。Review of Financial Studies,28(10),2812-2858。  new window
22.Kolasinski, Adam C.、Li, Xu(2013)。Can strong boards and trading their own firm's stock help CEOs make better decisions? Evidence from acquisitions by overconfident CEOs。Journal of Financial and Quantitative Analysis,48(4),1173-1206。  new window
23.王育偉、鄭揚耀(20131000)。公司治理、資本支出決策與公司價值。管理與系統,20(4),665-695。new window  延伸查詢new window
24.劉永欽(20140600)。企業的銀行關係與資訊揭露政策之關聯性。管理學報,31(2),135-155。new window  延伸查詢new window
25.Palia, Darius、Lichtenberg, Frank(1999)。Managerial Ownership and Firm Performance: A Re-examination Using Productivity Measurement。Journal of Corporate Finance,5(4),323-339。  new window
26.Knyazeva, A.、Knyazeva, D.、Masulis, R. W.(2013)。The supply of corporate directors and board independence。The Review of Financial Studies,26(6),1561-1605。  new window
27.王育偉、鄭揚耀、尤涵星、吳慧珍(20141200)。經理人過度自信與股票購回關係之研究。中山管理評論,22(4),759-791。new window  延伸查詢new window
28.Himmelberg, C. P.、Hubbard, R. G.、Palia, D.(1993)。Understanding the determinants of managerial ownership and the link between ownership and performance。Journal of Financial Economics,53(3),353-384。  new window
29.Sicherman, N. W.、Pettway, R. H.(1987)。Acquisition of Divested Assets and Shareholders' Wealth。Journal of Finance,42(5),1261-1273。  new window
30.La Porta, Rafael、Lopez-de-Silanes, Florencio、Shleifer, Andrei、Vishny, Robert W.(1999)。The Quality of Government。The Journal of Law, Economics, and Organization,15(1),222-279。  new window
31.韓千山、孫嘉宏、陳儀嘉(20100600)。經理人持股、內線交易、監督與公司價值。經濟論文,38(2),245-291。new window  延伸查詢new window
32.Byrd, J. W.、Hickman, K. A.(1992)。Do Outside Directors Monitor Manager? Evidence from Tender Offer Bids。Journal of Financial Economics,32(2),195-221。  new window
33.De Haas, R.、Ferreira, D.、Taci, A.(2010)。What Determines the Composition of Banks' Loan Portfolios? Evidence from Transition Countries。Journal of Banking & Finance,34(2),388-398。  new window
34.盧正壽(20150600)。Management Ownership and Dividend Policy: The Role of Managerial Overconfidence。中山管理評論,23(2),591-629。new window  new window
35.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
36.林嬋娟、張哲嘉(20090100)。董監事異常變動、家族企業與企業舞弊之關聯性。會計評論,48,1-33。new window  延伸查詢new window
37.Malmendier, Ulrike、Tate, Geoffrey A.(2005)。CEO Overconfidence and Corporate Investment。The Journal of Finance,60(6),2661-2700。  new window
38.Velury, Uma、Jenkins, David S.(2006)。Institutional ownership and the quality of earnings。Journal of Business Research,59(9),1043-1051。  new window
39.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
40.Fama, Eugene F.、Jensen, Michael C.(1983)。Separation of ownership and control。The Journal of Law & Economics,26(2),301-325。  new window
41.Yermack, David(1996)。Higher market valuation of companies with a small board of directors。Journal of Financial Economics,40(2),185-211。  new window
42.Agrawal, Anup、Knoeber, Charles R.(1996)。Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders。The Journal of Financial and Quantitative Analysis,31(3),377-397。  new window
43.洪榮華、陳香如、林慧珍(20070300)。公司治理機制對創新、多角化策略及公司績效之影響--研發密集產業之實證。中山管理評論,15(1),37-60。new window  延伸查詢new window
44.王元章、張椿柏(20110600)。從核心代理問題的角度探討股權結構,董事會特性對公司價值之影響。證券市場發展季刊,23(2)=90,131-174。new window  延伸查詢new window
45.Martin, Kenneth J.(1996)。The Method of Payment in Corporate Acquisitions, Investment Opportunities, and Management Ownership。The Journal of Finance,51(4),1227-1246。  new window
46.Malmendier, Ulrike、Tate, Geoffrey A.(2008)。Who Makes Acquisitions? CEO Overconfidence and The Market's Reaction。Journal of Financial Economics,89(1),20-43。  new window
47.Stulz, René M.(1988)。Managerial control of voting rights: Financing policies and the market for corporate control。Journal of Financial Economics,20(1/2),25-54。  new window
48.Gervais, Simon、Odean, Terrance(2001)。Learning to be Overconfident。Review of Financial Studies,14(1),1-27。  new window
49.洪榮華、陳香如、王玉珍(20050900)。公司內部治理機制與公司績效之關係--股權結構與董事會特性的觀點。輔仁管理評論,12(3),23-40。new window  延伸查詢new window
50.Jensen, Michael C.、Ruback, Richard S.(1983)。The market for corporate control: The scientific evidence。Journal of Financial Economics,11(1-4),5-50。  new window
51.Heckman, James Joseph(1979)。Sample Selection Bias as a Specification Error。Econometrica: Journal of the Econometric Society,47(1),153-162。  new window
52.Demsetz, Harold(1983)。The structure of Ownership and the Theory of the Firm。The Journal of Law & Economics,26(2),375-390。  new window
53.Demsetz, Harold、Lehn, Kenneth(1985)。The Structure of Corporate Ownership: Causes and Consequences。Journal of Political Economy,93(6),1155-1177。  new window
54.Jensen, Michael C.(1986)。Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers。The American Economic Review,76(2),323-329。  new window
55.Jensen, Michael C.(1993)。The modern industrial revolution, exit, and the failure of internal control systems。The Journal of Finance,48(3),831-880。  new window
56.Myers, Stewart C.、Majluf, Nicholas S.(1984)。Corporate Financing and Investment Decisions When Firms Have Information That Investor Do Not Have。Journal of Financial Economics,13(2),187-221。  new window
57.Kang, Jun-Koo、Shivdasani, Anil(1995)。Firm Performance, Corporate Governance, and Top Executive Turnover in Japan。Journal of Financial Economics,38(1),29-58。  new window
58.Cremers, M.、Nair, V.(2005)。Governance mechanisms and equity prices。The Journal of Finance,60(6),2859-2894。  new window
59.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
圖書
1.Ross, S. A.、Westerfield, R. W.、Jordan, B. D.(2013)。Fundamentals of Corporate Finance。New York:McGraw-Hill Global Education Holdings, LLC.。  new window
 
 
 
 
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