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About a decade ago, Taiwan introduced the institution of independent directors, which has long been advocated as a good … was a whole new legal idea in Taiwan that fundamentally changed the original intention behind the internal corporate … governance system in the Taiwan Company Act in which supervisors were supposed to address oversight and to take action against …
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Cash holding is important for Chinese manufacturing firms coping with the increasing costs of financing and tough economic conditions. This study examines the impact of cash holding on the firm value of Chinese manufacturing businesses. We found evidence that a non-linear relationship exists...
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