Boards Independence according to Outside Director Characteristics and Firm Value: Implications of Boards Composition Reflecting the Legal Standards

2020 ◽  
Vol 35 (5) ◽  
pp. 445-466
Author(s):  
Sae－Hun Lim ◽  
Young－Seog Park
Keyword(s):  
Firm Value ◽  
Legal Standards ◽  
Outside Director ◽  
Director Characteristics

Does the Appointment of an Outside Director Increase Firm Value? Evidence from Taiwan

2008 ◽  
Vol 44 (3) ◽  
pp. 66-80 ◽  
Author(s):  
Hsu-Huei Huang ◽  
Paochung Hsu ◽  
Haider A. Khan ◽  
Yun-Lin Yu
Keyword(s):  
Firm Value ◽  
Outside Director

Cash Holdings, Corporate Governance Structure and Firm Valuation

2009 ◽  
Vol 12 (03) ◽  
pp. 475-508 ◽  
Author(s):  
Kin-Wai Lee ◽  
Cheng-Few Lee
Keyword(s):  
Firm Value ◽  
Cash Holdings ◽  
Positive Association ◽  
Governance Structure ◽  
Lower Proportion ◽  
Board Independence ◽  
Outside Directors ◽  
Corporate Governance Structure ◽  
Managerial Entrenchment ◽  
Outside Director

Firms with higher board independence, smaller boards, and lower expected managerial entrenchment, have lower cash holdings. We find that the positive association between cash holdings and managerial entrenchment is mitigated by stronger board structures. Specifically, in firms with higher expected managerial entrenchment, those with higher proportion of outside director on the board and smaller board size have lower cash holdings. We also find that firm value is negatively associated with cash levels. The negative association between firm value and cash holdings is more pronounced in firms with (i) lower proportion of outside directors, (ii) larger boards and (iii) higher expected managerial entrenchment. For firms with both high cash holdings and high expected managerial entrenchment, investors additionally discount the valuation of firms with lower proportion of outside directors and those with larger boards.

The Legal Standards of Sexual Harassment

2005 ◽  
Author(s):  
Elizabeth McChrystal ◽  
Arthur Gutman
Keyword(s):  
Sexual Harassment ◽  
Legal Standards

Pengaruh Kinerja Keuangan Dan Corporate Social Responsibility (CSR) Terhadap Nilai Perusahaan Perbankan Di Bursa Efek Indonesia

2018 ◽  
Vol 26 (1) ◽  
pp. 95-111
Author(s):  
Sulastiningsih Sulastiningsih ◽  
Rizka Imanita Sholihati
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Firm Value ◽  
Research Method ◽  
Quantitative Research ◽  
Annual Report ◽  
Stock Exchange ◽  
Secondary Data ◽  
Corporate Social

This study aims to determine whether the financial performance measured by using CAR, ROA, LDR, BOPO, and CSR can affect the value of banking companies as measured by using PBV. This study uses secondary data taken from the annual report of banking companies during the year 2012-2016 listed on the Indonesia Stock Exchange. The number of samples of this study as many as 25 banking companies with a total of 125 data. This research method is quantitative research. The results of this study indicate the effect of CAR, ROA, LDR, BOPO, and CSR variables on firm value measured by using PBV in a banking company listed on the Indonesia Stock Exchange. Keywords: CAR, ROA, LDR, BOPO, CSR, PBV

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