Abstract
This research uses data from publicly listed firms in Taiwan to investigate the role of government as a shareholder in a firm’s corporate governance and its impact on a firm’s performance. Using Structural Equation Model (SEM), we verify the direct effect of government shareholdings on corporate governance and firm performance. We also observe the indirect effect of government shareholdings on firm performance through the channel that government shareholdings exercise influence on a firm’s corporate governance.
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Huang, WH., Huang, MJ., Huang, MH. (2018). The Impact of Government Shareholding on Firm Performance: A Corporate Governance Perspective. In: Barolli, L., Enokido, T. (eds) Innovative Mobile and Internet Services in Ubiquitous Computing . IMIS 2017. Advances in Intelligent Systems and Computing, vol 612. Springer, Cham. https://doi.org/10.1007/978-3-319-61542-4_75
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DOI: https://doi.org/10.1007/978-3-319-61542-4_75
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