政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/76163

政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/76163

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政大典藏 > College of Commerce > Department of Finance > Theses > Item 140.119/76163

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/76163

Title:	女性董事如何影響公司價值？ How Do Female Directors Affect Firm Value?
Authors:	陳彥伶 Chen, Yen Ling
Contributors:	湛可南 Chan, Konan 陳彥伶 Chen, Yen Ling
Keywords:	女性董事公司價值監督風險管理沙賓法案金融危機 Female directors Firm value Monitoring Risk management SOX Crisis
Date:	2014
Issue Date:	2015-07-01 14:44:01 (UTC+8)
Abstract:	We employ S&P 1500 firms from 2000 to 2013 to investigate how female directors affect firm value. We explore two possible channels, the monitoring effect and the risk management effect, through which female directors can have material effect on firms. While the prior research shows a negative relation between female directors and firm value, we find that such a relation diminishes in the post-SOX period (2004 to 2007). More importantly, female directors enhance firm value in the crisis period (2008 to 2013). Our findings suggest that the way female directors affect firm value changes depending on the external environment. Female directors benefit firms mainly by monitoring in the post-SOX period but by risk management in the crisis period.
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Description:	碩士國立政治大學財務管理研究所 102357021 103
Source URI:	http://thesis.lib.nccu.edu.tw/record/#G0102357021
Data Type:	thesis
Appears in Collections:	[Department of Finance] Theses

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