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Your search keyword '"Huang, Zeyue"' showing total 2 results
Start Over Author "Huang, Zeyue" Publisher taylor & francis ltd
2 results on '"Huang, Zeyue"'

2. The appointment of celebrities to corporate boards in China: sword or shield?

Author

Luo, Jin-hui, Huang, Zeyue, and Lin, Zhiru

Subjects
CORPORATE directors, SOCIAL status, PERSONAL managers, CELEBRITIES, BUSINESS enterprises
Abstract

This study examines whether reputation mechanism works for celebrity independent directors in China. We find that firms with celebrity independent directors experience higher multiple agency costs and worse performance, indicating that managers and/or large shareholders take celebrityindependent directors as a shield for facilitating grabbing private benefits. In addition, this effect varies between state-owned enterprises and non-state-owned enterprises. [ABSTRACT FROM AUTHOR]

Published
2017
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