The role of controlling shareholders in influencing firm efficiency: a case of Taiwanese electronics firms

Simple item page
dc.contributor.authorTing, Irene Wei Kiong
dc.contributor.authorAhmad, Norazlin
dc.contributor.authorGurrib, Ikhlaas
dc.contributor.authorBhaskaran, Rajesh Kumar
dc.date.accessioned2022-04-25T13:05:04Z
dc.date.available2022-04-25T13:05:04Z
dc.date.copyright© 2022
dc.date.issued2022
dc.description.abstractThis study examines how controlling shareholders affected efficiency in Taiwanese electronics firms for the period of 2005–2017. This study measures firm efficiency using a dynamic data envelopment analysis model, which returns scores ranging from zero (not efficient) to one (efficient). Our regression results find that controlling shareholders’ levels of shareholdings have significant negative effects on firm efficiency when their shareholding levels are low. However, there is a positive relationship between controlling shareholders’ levels of shareholding and firm efficiency when the percentage of their shareholdings is high. These nonlinear results are also confirmed when we use board seat control rights held by the controlling shareholders. This study contributes to the field of corporate governance, specifically in the application of agency theory related to principal-principal relationships. Overall, findings suggest policy-makers should not consider solely controlling shareholders’ levels of shareholdings, but also their board seat control rights. Copyright © 2022 Inderscience Enterprises Ltd.en_US
dc.identifier.citationTing, I. W. K., Ahmad, N., Gurrib, I., & Bhaskaran, R. K. (2022). The role of controlling shareholders in influencing firm efficiency: A case of taiwanese electronics firms. International Journal of Business Excellence, 26(2), 261-279. https://doi.org/10.1504/IJBEX.2022.121589en_US
dc.identifier.issn17560047
dc.identifier.urihttps://doi.org/10.1504/IJBEX.2022.121589
dc.identifier.urihttp://hdl.handle.net/20.500.12519/556
dc.language.isoenen_US
dc.publisherInderscience Publishersen_US
dc.relationAuthors Affiliations : Ting, I.W.K., Faculty of Industrial Management, Universiti Malaysia Pahang, Pahang, Gambang, 26300, Malaysia; Ahmad, N., Faculty of Industrial Management, Universiti Malaysia Pahang, Pahang, Gambang, 26300, Malaysia; Gurrib, I., Faculty of Management, Canadian University Dubai, P.O. Box 117781, 1st Interchange, Sheikh Zayed Road, Dubai, United Arab Emirates; Bhaskaran, R.K., Department of Finance, Institute of Management Technology, Dubai International Academic City, P.O. Box 345006, Dubai, United Arab Emirates
dc.relation.ispartofseriesInternational Journal of Business Excellence;Volume 26, Issue 2
dc.rightsPermission to reuse abstract has been secured from Inderscience Publishers
dc.rights.holderCopyright : © 2022 Inderscience Enterprises Ltd.
dc.subjectboard seat control rightsen_US
dc.subjectcontrolling shareholdersen_US
dc.subjectdata envelopment analysisen_US
dc.subjectDEAen_US
dc.subjectfirm efficiencyen_US
dc.titleThe role of controlling shareholders in influencing firm efficiency: a case of Taiwanese electronics firmsen_US
dc.typeConference Paperen_US

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Access Instruction 556.pdf
Size:
105.07 KB
Format:
Adobe Portable Document Format
Description:
Download

Collections

Accounting & Finance