Purpose – The purpose of this paper is to examine whether companies engage in earnings management during the specific years when convertible bonds are issued and redeemed; also to determine if any differences exist in earnings management when convertible bonds are issued domestically or abroad....

This study collects data from Taiwan publicly traded corporations that have banker directors between 2003 and 2007, together with a matching sample consisting of firms without banker directors. Variables used to construct empirical analyses are from the <i>Taiwan Economic Journal</i> (TEJ) database....

This paper examines the relationship between overvalued equity, managerial incentives, and corporate policy for firms listed on the Taiwan Stock Exchange. The empirical evidence reveals that firms with higher overvalued equity opt for higher leverage and hold less cash, and the sensitivity of...