Chen, Anlin; Kao, Lanfeng; Tsao, Meilan; Wu, Chinshun - In: Corporate Governance: An International Review 15 (2007) 2, pp. 251-261
This paper tests the relationship between ownership/leadership structures and stock returns for firms listed in Taiwan. A "Governance Index" is built based on four different aspects of the company's governance structure: 1. CEO duality, 2. Size of the board of directors, 3. Managements' holdings...