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Chinese Abstract:...
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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 a negative relationship with the following two...
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Chinese Abstract: 融資限制指的是:公司無法按照最適投資所要求的條件來取得外部資金, 以致無法達到最適投資。本研究建構一個基於盈餘資訊性的融資限制之理論模...
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