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Non-linear relationships among related party transactions, financial characteristics, corporate governance, and corporate value - Analysis of high-growth and low-growth food firms

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  • Joe-Ming Lee

Abstract

This paper empirically investigates the relationship between related party transactions, financial characteristics, and corporate governance on the corporate value in Taiwan's food industry during 2008-2017. The results show that non-linear relationships among related party transactions, financial characteristics, corporate governance, and corporate value. This study recommends to low-growth food firms that they should strengthen the power of their financial performance and corporate governance.

Suggested Citation

  • Joe-Ming Lee, 2019. "Non-linear relationships among related party transactions, financial characteristics, corporate governance, and corporate value - Analysis of high-growth and low-growth food firms," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 65(3), pages 123-132.
  • Handle: RePEc:caa:jnlage:v:65:y:2019:i:3:id:228-2018-agricecon
    DOI: 10.17221/228/2018-AGRICECON
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    References listed on IDEAS

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    3. McConnell, John J. & Servaes, Henri, 1995. "Equity ownership and the two faces of debt," Journal of Financial Economics, Elsevier, vol. 39(1), pages 131-157, September.
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