English  |  正體中文  |  简体中文  |  Items with full text/Total items : 56562/90363 (63%)
Visitors : 11871065      Online Users : 104
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/111846


    Title: Ultimate Control Rights as Moderators of the Relationship between Market Power and Efficiency: The Case of the Taiwanese Life Insurance Industry
    Authors: Chuang Chung-Chu;Yu-Chieh Tang
    Keywords: Corporate governance;Market power;Efficiency;Ultimate control rights
    Date: 2017-08
    Issue Date: 2017-10-25 02:11:34 (UTC+8)
    Publisher: ICIC International
    Abstract: The corporate governance mechanism can help balance the expansion of market power and the maximization of efficiency. This study utilizes the stochastic frontier approach to measure efficiency, and the doubly censored Tobit regression to investigate the relationships among market power, ultimate control rights, and efficiency in the Taiwanese
    life insurance industry. The empirical results show that the market power negatively affects efficiency. As the component of ultimate control rights is a moderating
    variable, the control right weakens the negative effect of market power on efficiency but cash flow right enhances the negative effect of market power on efficiency. Thus, the findings of this study can serve as a reference for determining resource allocation, formulating marketing strategy and corporate governance policies.
    Relation: ICIC Express Letters 11(8), p.1285-1291
    DOI: 10.24507/icicel.11.08.1285
    Appears in Collections:[Department of Management Sciences] Journal Article

    Files in This Item:

    File Description SizeFormat
    index.html0KbHTML86View/Open
    Ultimate Control Rights as Moderators of the Relationship between Market Power and Efficiency The Case of the Taiwanese Life Insurance Industry.pdf97KbAdobe PDF0View/Open

    All items in 機構典藏 are protected by copyright, with all rights reserved.


    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - Feedback