DC Field | Value | Language |
---|---|---|
dc.contributor.advisor | Han, Seung Hun | - |
dc.contributor.advisor | 한승헌 | - |
dc.contributor.author | Huang, Huilin | - |
dc.date.accessioned | 2021-05-11T19:31:19Z | - |
dc.date.available | 2021-05-11T19:31:19Z | - |
dc.date.issued | 2019 | - |
dc.identifier.uri | http://library.kaist.ac.kr/search/detail/view.do?bibCtrlNo=875192&flag=dissertation | en_US |
dc.identifier.uri | http://hdl.handle.net/10203/282929 | - |
dc.description | 학위논문(석사) - 한국과학기술원 : 기술경영학부, 2019.8,[ii, 28 p. :] | - |
dc.description.abstract | This paper empirically investigates the effect of co-opted boards on corporate risk-taking behavior and the moderating effect of social capital on the relation. We find a positive relation between board co-option and equity volatility. Endogeneity concerns are addressed using difference-in-difference (DID) methodology. Evidence also demonstrates that social capital acts as a moderator alleviating managers’ risk-taking incentives in the presence of a weakened corporate governance, thus offsetting negative corporate outcomes. Alternative measures of social capital are employed to validate the robustness of estimations. | - |
dc.language | eng | - |
dc.publisher | 한국과학기술원 | - |
dc.subject | Co-opted boards▼acorporate risk-taking behavior▼aequity volatility▼asarbanes-oxley acts (SOX)▼asocial capital | - |
dc.subject | Co-opted 이사 비율▼a기업 위험추구 성향▼a주식 변동성▼a사회적 자본▼a미국 Sarbanes-Oxley Acts (SOX) | - |
dc.title | Co-opted boards, corporate risk-taking behavior and social capital | - |
dc.title.alternative | Co-opted 이사 비율이 기업 위험추구 성향에 미치는 영향 : 사회적 자본의 조절효과 중심으로 | - |
dc.type | Thesis(Master) | - |
dc.identifier.CNRN | 325007 | - |
dc.description.department | 한국과학기술원 :기술경영학부, | - |
dc.contributor.alternativeauthor | 황혜림 | - |
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