Lee, Jie-Haun; Fan, Whei-May - In: Review of Quantitative Finance and Accounting 43 (2014) 1, pp. 97-119
The discovery of a series of corporate scandals in Taiwan between 16 June and 15 September 2004 offers a unique opportunity to investigate the perceptions of investors on the value of corporate governance, whilst avoiding any interactions with other exogenous factors such as the lower expected...