The influence of governance on tourism firm performance

淡江大學機構典藏 > 全球化研究與發展學院 > 國際觀光管理學系全英語學士班 > 期刊論文 > Item 987654321/100166

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题名:	The influence of governance on tourism firm performance
作者:	Yeh, Chien Mu;Bernardo Trejos
贡献者:	淡江大學國際觀光管理學系
关键词:	board size;large shareholder;gender diversity;performance of tourism firms
日期:	2015-02
上传时间:	2015-02-04 17:20:08 (UTC+8)
出版者:	Abingdon: Routledge
摘要:	Corporate governance is a critical mechanism for the success of any firm. In the tourism sector, however, the issue of governance has attracted little research attention. This study enriches the literature on tourism governance by investigating how board size, the proportion of large shareholders and gender diversity on boards affect the financial performance of tourism firms. The sample data were obtained from publicly traded tourism firms in Taiwan. Ordinary least square regressions and two-stage least square regressions were conducted to test the hypotheses. The results show that board size is negatively related to performance and that the presence of large shareholders has a significant influence on tourism firms' return on assets and Tobin's Q. The influence of gender diversity on firm performance, however, was inconsistent. These governance variables are also confirmed as endogenous variables in the tourism sector.
關聯:	Current Issues in Tourism 18(4), pp.299-314
DOI:	10.1080/13683500.2013.820258
显示于类别:	[國際觀光管理學系全英語學士班] 期刊論文

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