JEL Classification C12, C58, G01, G31. This article discusses corporate governance after the recent financial crisis and its relationship with corporate performance by adding in the CSR variable. The empirical study investigates the top 50 Taiwanese electronics companies as denoted by Commonwealth Magazine, which are listed on the Taiwan Composite Stock Exchange or in the Over the Counter (OTC)...

Where does corporate culture come from? In trying to answer that question, this paper also suggests a new perspective on the relationship between corporate culture and performance. The paper does essentially two things. First, it develops a simple model of corporate culture, based on the notion of culture as shared beliefs or assumptions, as suggested by the management literature. Culture, in t...

It has increasingly been recognized that appropriate theory based measures are required in entrepreneurial research (Smith, Gannon, & Sapienza, 1989). However to date, the study of corporate entrepreneurship (CE) has principally used input-based measures such as accounting results, which may not provide an accurate picture of the firm’s performance. This study advances the output-based measure ...

This study uses a random effect panel model to examine the impact of CEO traits and compensation on earnings performance and financial leverage for the 729 listed US companies in ExecuComp over the period of 2001– 2010. The results indicate that CEO cash compensation has a negative relationship with earnings performance, but that it has a positive impact on financial leverage. Moreover, for CEO...

This paper is focusing on how different forms of tax effect the performance of individual companies, the whole economy, and the total tax income of the government. We test fixed, sales-linked and profit taxes under changing circumstances: first we will examine the effect of taxes when the growth rate and the uncertainty is zero, then we will take growth opportunities into account, finally we ad...

Tosi and Gomez-Mejia, (1989) suggest that the challenge of corporate governance is to set up supervisory and incentive alignment mechanisms that alter the risk and effort orientation of agents to align them with the interests of principals. Therefore, the objective of this study is to determine the efficiency of monitoring and incentive contracts given certain characteristics of the firm. That ...