Yeh, Yin-Hua; Shu, Pei-Gi; Chiang, Tsui-Lin - In: International Review of Economics & Finance 32 (2014) C, pp. 159-174
Most financial institutions around the world are under concentrated ownership. To protect rents and the private benefits of control, controlling owners prefer to include more affiliated members on their boards. This study empirically examines financial institutions in Taiwan—a country that...