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-collected data from listed firms in Taiwan for the period 2010 to 2019. We find that CEO age has negative, while CEO tenure has … are controlling shareholders of listed firms in Taiwan. The policy implication of our results is that the authorities need …
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While some authors propose that the existence of an ESOP will add to firm value by aligning the incentives of employees with those of the shareholders, others argue that ESOP participants will use their ownership voice to push for increasing wages and benefits, to the detriment of the...
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