CEO share ownership and firm value

被引：8
|
作者：
Tan R.S.K. [1 ]
Chng P.L. [1 ]
Tan T.W. [2 ]
机构：
[1] Department of Finance and Accounting, Faculty of Business Administration, National University of Singapore, Singapore 117591, 17, Law Link
[2] Tokai Bank Ltd. (Singapore Branch), UOB Plaza 1, Singapore 048624, 80 Raffles Place
来源：
Asia Pacific Journal of Management | 2001年 / 18卷 / 3期
关键词：
Firm Performance; Share Ownership; Turbulent Environment; Duality Structure;
D O I：
10.1023/A:1010601912422
中图分类号：
学科分类号：
摘要：
This study examines the effect of CEO ownership on firm performance. The findings suggest that CEO ownership and firm performance are jointly determined. Firm performance affects CEO ownership positively and in turn, CEO ownership has a positive effect on firm performance. Our results also show that firms managed by founder CEOs have better performance and that the CEO duality structure is beneficial in a turbulent environment. © 2001 Kluwer Academic Publishers.
引用
收藏
页码：355 / 371
页数：16
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