Lin, Jwu-Rong; Lee, Hsiu-Ying; Hsiao, Li-Peng - In: Journal of Economics and Management 5 (2009) 1, pp. 29-54
The purpose of this paper is to analyze the impact of corporate governance on technical efficiency. We use the Translog … stochastic production function to derive technical efficiency. Four empirical results are observed: (1) Technical efficiency has … owned by managers makes a positive contribution to technical efficiency. (3) The percentage of the company shares owned by …
