This study investigates the relationship between family-controlled business and stock market reactions to venturing announcements. Prior studies suggested that family-controlled business might involve both costs and benefits, and the results so far have been inconclusive. With a large proportion...

This study presents important international evidence by examining the wealth effect of domestic joint ventures by Taiwanese firms. In opposite to United States evidence, we find that announcements of domestic joint ventures by Taiwanese firms are, on average, associated with significantly...

Share repurchases were deregulated in Taiwan in 2000. The regulatory provisions and the government's stated aim of market stabilization provide a setting in which share repurchases are exclusively motivated by undervaluation. This study investigates if deregulation of share repurchases is an...