文章基本信息

标题：Corporate Governance: A Literature Review with a Focus on the Technology Firms
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作者：Chin Fei Goh ; Chin Fei Goh ; Amran Rasli 等
期刊名称：Procedia - Social and Behavioral Sciences
印刷版ISSN：1877-0428
出版年度：2014
卷号：129
页码：39-45
DOI：10.1016/j.sbspro.2014.03.645
语种：English
出版社：Elsevier
摘要：AbstractCorporate governance is often regarded as a main driver of firm performance. However, previous studies often discover contradicting findings about the causal effect of corporate governance mechanisms on firm performance. In this paper, corporate governance literature will be reviewed with a focus on technology industry. Our paper shows that contemporary literature may overlook the industry and institutional context of technology firms. We propose that a fine-grained empirical setting is important in future research. In particular, the countervailing effect of high information asymmetries in high ownership concentration context may require more attention. Lastly, future studies of technology industries in emerging economies can be focused on the potential interaction effect between corporate governance mechanisms and firm investment.
关键词：Corporate governance;technology industry;institutional context;research and development