English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 96245/126860 (76%)
Visitors : 32266387      Online Users : 209
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    政大機構典藏 > 商學院 > 財務管理學系 > 期刊論文 >  Item 140.119/71508
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/71508


    Title: Employee Bonus, Corporate Governance and Productivity: the Evidence of Taiwan’s Electronic Industry
    Authors: 陳嬿如
    Chen, Y.R;J.S. Kuo;C.H. Lin
    Contributors: 財管系
    Keywords: employee bonus;productivity;ownership structure;BOD;data envelopment analysis
    Date: 2006
    Issue Date: 2014-11-17 12:03:18 (UTC+8)
    Abstract: This study intends to investigate the impact of different types of employee bonuses on productivity for Taiwan's electronic firms which contribute significantly in Taiwan's economic development and pioneer in innovative employee compensation scheme for two decades. The high-tech companies grant employee equity-based compensation to attract and retain talented employees. Literatures show that those incentive policies would improve firm performance. We employ two-stage Data Envelopment Analysis to evaluate the impact of compensation policy on productivity of electronic firms in Taiwan from 1999 to 2003. We find significantly a positive impact of cash bonus and a negative impact of stock bonus and employee stock options on firm productivity. The results suggest that stock bonus adopted by most electronic firms in Taiwan does not promote better firm productivity. Thus, the positive relation between equity bonus and firm performance in prior studies could be explained by the upward estimated earning due to not expensing the employee bonuses. In addition, managerial shareholding, institutional shareholding and the ownership of large shareholders have positive impact on productivity, and the board size indicates a negative relation to productivity.
    Relation: 台灣金融財務季刊 Taiwan Banking & Finance Quarterly, Vol.7, pp.41-62
    Data Type: article
    Appears in Collections:[財務管理學系] 期刊論文

    Files in This Item:

    File Description SizeFormat
    41-61.pdf640KbAdobe PDF683View/Open


    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告
    1.本網站之數位內容為國立政治大學所收錄之機構典藏,無償提供學術研究與公眾教育等公益性使用,惟仍請適度,合理使用本網站之內容,以尊重著作權人之權益。商業上之利用,則請先取得著作權人之授權。
    2.本網站之製作,已盡力防止侵害著作權人之權益,如仍發現本網站之數位內容有侵害著作權人權益情事者,請權利人通知本網站維護人員(nccur@nccu.edu.tw),維護人員將立即採取移除該數位著作等補救措施。
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback