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研究生:李宜潔
研究生(外文):Yi-Chieh Li
論文名稱:總法律顧問對股價下跌風險之影響
論文名稱(外文):General Counsel in Top Management Team and Stock Price Crash Risk
指導教授:吳淑鈴吳淑鈴引用關係
指導教授(外文):Shu-Ling Wu
口試委員:廖芝嫻洪聖閔
口試日期:2014-06-12
學位類別:碩士
校院名稱:國立臺灣大學
系所名稱:會計學研究所
學門:商業及管理學門
學類:會計學類
論文種類:學術論文
論文出版年:2014
畢業學年度:102
語文別:英文
論文頁數:41
中文關鍵詞:總法律顧問股票下跌風險監督
外文關鍵詞:General Counselstock price crashmonitor
相關次數:
  • 被引用被引用:1
  • 點閱點閱:210
  • 評分評分:
  • 下載下載:0
  • 收藏至我的研究室書目清單書目收藏:0
本研究探討當公司有總法律顧問,對股價下跌風險的影響。研究發現:當公司的高階管理團隊中有總法律顧問,可以降低公司的股票下跌風險。此研究結果證明了總法律顧問在公司中的監督效果,總法律顧問會監控公司管理階層違背投資人利益的投機行為,避免公司隱藏壞消息而造成未來股價下跌。本研究也發現當總法律顧問是薪資最高的高階管理人之一,會使他們的利益與其他高階管理人趨同,並削弱他們對公司的監督效果。

誌謝 I
摘要 II
Abstract III
Index IV
List of Tables V
1 Introduction 1
2 Motivation and Research Objective 6
3 Literature Review 9
3.1 General counsel 9
3.2 Stock price crash risk 11
4 Research hypotheses 15
5 Sample and research design 16
5.1 Sample and data source 16
5.2 Measuring firm-specific crash risk 18
6 Empirical results 23
6.1 Descriptive statistics 23
6.2 Multivariate test of H1 26
7 Additional tests 30
7.1 When GC is paid more 30
8 Conclusions 35
References 37


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