The effect of China factor on Taiwan's elections: how has it changed across generations from 2008 to 2014?

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Dennis Lu-Chung Weng ◽  
Lu-Huei Chen ◽  
Ching-Hsing Wang

PurposeThe main purpose of this study is to reveal how the China factor influences Taiwan voters' evaluations of the two major parties across elections and generations. We contend that 1) elderly Taiwan voters may take the China factor more seriously than younger cohorts, and 2) China factor may be weighted differently depending on the levels of elections. More importantly, we argue that the China factor is tangled with voters' partisanship.Design/methodology/approachData gathered from 2008 to 2014 Taiwan's Election and Democratization Study (TEDS) enable in investigating the influence of the China factor on Taiwan people's vote choices in the two local and two presidential elections. To answer the research question, this study applies issue voting theory and the seemingly unrelated regression (SUR) employed for empirical investigations.FindingsThe findings of this study provide empirical evidence on how political generations have changed their reactions to China in Taiwan's elections. The fundamental variables, party identification and the China issue are still very important and cannot be disregarded. Specifically, the China factor played a quite influential role in the Democratic Progressive Party (DPP) supporters' voting decisions regardless of their generations, whereas its effect on the Kuomintang (KMT) supporters' voting decisions varies depending on electoral contexts and generations.Originality/valueWhile some scholars might suspect that the single item is not sufficient to be an effective predictor of vote choice, we contend that the China factor is definitely the most significant component in Taiwan's elections, especially when it is tangled with partisanship. The SUR approach in this study confirms that partisanship and the China factor cannot be viewed separately.

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ebenezer Agyemang Badu ◽  
Ebenezer Nyarko Assabil

PurposeThe purpose of this study is to examine the connection between board composition and value relevance of financial information in Ghana.Design/methodology/approachThe study uses a panel data of 144 firm-year observations of listed firms in Ghana.FindingsThe study finds that a higher fraction of independent directors is associated with lower firm value. The study further finds that board size is positively related to firm value, whereas duality is negatively associated with firm value.Practical implicationsThe practical implication of this paper is that investors and regulators should be mindful that specifying governance composition should not only be based on “so-called” codes of best practices but also the level of the country's or the sector's development and local institutional structures.Originality/valueThis study uses five different measurements of market share and considers the impact of the provision of the Code of Best Practices in Ghana.


2020 ◽  
Vol 35 (6) ◽  
pp. 1089-1098
Author(s):  
Erik Mooi ◽  
Vishal Kashyap ◽  
Marc van Aken

Purpose This paper aims to consider the impact of contractual and normative governance mechanisms on recommendation intent in a context of healthcare and professional lighting where repeat business from a customer is absent. The authors suggest both contractual and normative governance can create recommendation intent, but only when sufficient customer value is created. Design/methodology/approach The authors draw on a combination of survey and archival data from the supplier and customer in the medical equipment and advanced (business) lighting systems industries. The authors analyze the data using seemingly unrelated regression and mediation tests. Findings Contracts and relational norms can increase customer recommendation intent, but only when the supplier creates customer value. Practical implications The paper’s findings suggest that customers of business solutions are more likely to recommend their supplier when contracts are relatively detailed and when buyers and suppliers attempt to craft strong relational norms, despite service solutions being delivered during a relatively short time span. Originality/value The extant research on business solutions has focused on extended relationships between exchange partners with a high likelihood of repeated transactions. The authors demonstrate how to govern relationships in a solutions context where the likelihood of repeat business from the same customer is low using contractual and normative governance.


Subject The outlook for Taiwan under the new administration. Significance Tsai Ing-wen, leader of the Democratic Progressive Party (DPP), was sworn in on May 20 as Taiwan's first female president and only its second leader not from the Kuomintang party, which has governed the island for all but eight years since 1945. In her inaugural address, Tsai outlined a five-point plan focused on reviving a stagnant economy, increasing social services for a rapidly aging population, and moving the export-driven economy away from a reliance on mainland China, Taiwan's largest market. Impacts Restructuring the economy will take time, and public pressure will build if global demand for exports does not rise quickly. Taiwan's bids to join regional trade blocs will meet resistance from China, which will press other countries to block it. Initiatives on judicial reform and 'truth and reconciliation' that discredit the Kuomintang will make domestic politics more acrimonious.


Significance Eric Chu, the party chairman, was nominated to replace Hung Hsiu-chu, whose candidacy failed to rally support within the party. He will run against Tsai Ing-wen, leader of the opposition Democratic Progressive Party. Impacts Cross-Strait relations will once again play the central role in the 2016 presidential and legislative elections. The Kuomintang's diplomatic stance will shift toward the DPP's in an attempt to assuage concerns over cross-Strait policy. Although Tsai has promised not to undo trade agreements with China, she is unlikely to press ahead with new ones. China will remain largely silent on the Taiwanese elections, to avoid reinforcing anti-China sentiment that is widespread in Taiwan.


Subject Relations between sub-national governments in Taiwan and China. Significance China is attempting to bypass Taiwan’s central government -- with which it has severed formal ties -- and forge better relations with major municipalities and locally elected leaders. These efforts have found greater success since recent local elections that dealt major setbacks to the ruling Democratic Progressive Party (DPP). Impacts Politicians from both parties will be emboldened to turn to Chinese investment to stimulate local economies. Han Kuo-yu, newly elected mayor of Kaohsiung city, could lead the main opposition party’s comeback at the national level. Relations with China are likely to play a decisive role once again in Taiwan’s 2020 national elections.


Significance Incumbent President Peter Mutharika of the ruling Democratic Progressive Party (DPP) narrowly won re-election, ahead of the main opposition candidates, Lazarus Chakwera of the Malawi Congress Party (MCP) and former Vice-President Saulos Chilima of the United Transformation Movement (UTM). The elections were marred by accusations of rigging, and both Chakwera and Chilima have launched court cases to overturn the result amid sizable post-poll protests. Impacts The opposition has ruled out power-sharing, but this may re-emerge as a compromise option should legal challenges fail. Opposition and civil society groups will increase calls for an amendment to the electoral system, with likely increased public backing. International donors will maintain pressure on the government over persistent budget overruns and elite-level corruption.


Subject Pressured Malawian president Significance Recurring corruption crises over the past year have seen President Peter Mutharika and the ruling Democratic Progressive Party (DPP)’s popularity decline. Despite such travails, the DPP has recently attempted to consolidate its hold on parliament by co-opting members of the opposition People’s Party (PP). This comes soon after rebel PP members controversially supported DPP efforts to defeat an electoral reform bill that would have weakened Mutharika’s 2019 re-election hopes. Impacts The opposition United Democratic Front (UDF) will receive intensified overtures from the main parties ahead of the 2019 poll. Despite the recent parliamentary setbacks, a civil society push for electoral reform is unlikely to subside. Failure properly to combat a cholera outbreak in the Central and Northern regions would put further pressure on the government.


Subject Taiwan's 'diplomatic contest' with China. Significance Panama announced on June 12 that it was switching diplomatic relations from Taiwan to China, reducing the number of Taiwan’s diplomatic partners to 20. Panama is the second country to sever relations with Taipei since Tsai Ing-wen of the China-sceptic Democratic Progressive Party (DPP) became Taiwanese president in May last year. In late December, the small African island state of Sao Tome and Principe also switched recognition. Impacts Attitudes toward China in Taiwan will harden, but economic necessity will require Taipei to seek some common ground. As the next election approaches in 2020, the government will feel more pressure to be pragmatic towards China. China will be disinclined to cooperate, hoping that the China-friendly opposition will oust the current China-sceptic government.


2019 ◽  
Vol 27 (4) ◽  
pp. 397-421
Author(s):  
Emilio Gallego Neira ◽  
Carlos Martínez de Ibarreta

Purpose This paper aims to analyze the effectiveness of macroprudential and fiscal policies taken from a sample of ten advanced economies in relation to the mitigation of real-estate and credit bubbles by comparing their performance. Design/methodology/approach This comparison is elaborated with a seemingly unrelated regression methodology, which allows the assessment of individual countries’ performance and improves the estimation of the dependent variables versus an individual regression. Findings The analysis concludes that countercyclical measures have been more effective to control the growth of household debt. Furthermore, this study validates that macroprudential measures focused on the residential sector meet their objective of controlling the growth of house prices, whereas those macroprudential measures with more generic targets are effective to control the growth of household debt. Originality/value As opposed to previous panel-regression studies, which have analyzed the performance of macroprudential and fiscal measures in generic terms, this paper compares the performance of these tools in ten advanced economies. Based on the analysis performed, several recommendations are derived for policymakers.


2021 ◽  
Vol 48 (3) ◽  
pp. 437-455
Author(s):  
Richard Kwasi Bannor ◽  
Mohit Sharma ◽  
Helena Oppong-Kyeremeh

PurposeThe study attempted to assess the food security status of urban agriculture households in Ghana and India. Also, the extent of urban agriculture participation and its effect on food security in Ghana and India were examined.Design/methodology/approachA total of 650 urban agriculture farmers were interviewed for this study in Ghana and India. Food security status of urban households was assessed by the use of the Household Food Insecurity Access Scale, whereas the determinants of the extent of urban agriculture and its effect on food security were analysed by the use of the heteroskedastic linear regression and the Seemingly Unrelated Regression models, respectively.FindingsFrom the study on average, households in Ghana were mildly food insecure, but that of India was moderately food insecure. The results further revealed that various demographic, economic, institutional and health and nutrition factors differently influenced urban food security and urban agriculture. Also, the extent of urban agriculture participation positively influenced food security.Originality/valueSeveral studies in Asia (India) and Africa (Ghana) on urban food security have been geographically limited to New Delhi, Mumbai and Greater Accra, with few studies in the Middle Belt of Ghana, and Bihar in India. Besides, there is a limited, rigorous, empirical study on the effect of the extent of UA on food security in Asia (India) and Africa (Ghana) individually and together. Moreover, we extend the frontiers of the methodological approach by applying the Seemingly Unrelated Regression (SUR) model to understand if the factors that affect food-security accessibility based on two food security accessibility tools are correlated.


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