Corporate governance and firm performance in Korea / Hyo Jin Kim and Soon Suk Yoon
We investigate how firm performance is related to corporate governance in Korea. We find that the adoption of an audit committee itself does not significantly improve the level of firm performance. However, we find that there is positive relationship between the outside directors’ activity level and...
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| Format: | Article |
| Language: | English |
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Accounting Research Institute (ARI) & Faculty of Accountancy
2007
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| Online Access: | http://ir.uitm.edu.my/id/eprint/191/ http://ir.uitm.edu.my/id/eprint/191/1/AJ_HYO%20JIN%20KIM%20MAR%2007.pdf |
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uitm-191 |
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eprints |
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uitm-1912017-06-22T02:11:11Z http://ir.uitm.edu.my/id/eprint/191/ Corporate governance and firm performance in Korea / Hyo Jin Kim and Soon Suk Yoon Kim, Hyo Jin We investigate how firm performance is related to corporate governance in Korea. We find that the adoption of an audit committee itself does not significantly improve the level of firm performance. However, we find that there is positive relationship between the outside directors’ activity level and firm profitability. This suggests that outside directors can play a role of reducing agency conflicts between management and external shareholders so that the profitability is positively with their activity. Accounting Research Institute (ARI) & Faculty of Accountancy 2007-12 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/191/1/AJ_HYO%20JIN%20KIM%20MAR%2007.pdf Kim, Hyo Jin (2007) Corporate governance and firm performance in Korea / Hyo Jin Kim and Soon Suk Yoon. Malaysian Accounting Review, 6 (2). pp. 1-16. ISSN 1675-4077 |
| repository_type |
Digital Repository |
| institution_category |
Local University |
| institution |
Universiti Teknologi MARA |
| building |
UiTM Institutional Repository |
| collection |
Online Access |
| language |
English |
| description |
We investigate how firm performance is related to corporate governance in Korea. We find that the adoption of an audit committee itself does not significantly improve the level of firm performance. However, we find that there is positive relationship between the outside directors’ activity level and firm profitability. This suggests that outside directors can play a role of reducing agency conflicts between management and external shareholders so that the profitability is positively with their activity. |
| format |
Article |
| author |
Kim, Hyo Jin |
| spellingShingle |
Kim, Hyo Jin Corporate governance and firm performance in Korea / Hyo Jin Kim and Soon Suk Yoon |
| author_facet |
Kim, Hyo Jin |
| author_sort |
Kim, Hyo Jin |
| title |
Corporate governance and firm performance in Korea / Hyo Jin Kim and Soon Suk Yoon |
| title_short |
Corporate governance and firm performance in Korea / Hyo Jin Kim and Soon Suk Yoon |
| title_full |
Corporate governance and firm performance in Korea / Hyo Jin Kim and Soon Suk Yoon |
| title_fullStr |
Corporate governance and firm performance in Korea / Hyo Jin Kim and Soon Suk Yoon |
| title_full_unstemmed |
Corporate governance and firm performance in Korea / Hyo Jin Kim and Soon Suk Yoon |
| title_sort |
corporate governance and firm performance in korea / hyo jin kim and soon suk yoon |
| publisher |
Accounting Research Institute (ARI) & Faculty of Accountancy |
| publishDate |
2007 |
| url |
http://ir.uitm.edu.my/id/eprint/191/ http://ir.uitm.edu.my/id/eprint/191/1/AJ_HYO%20JIN%20KIM%20MAR%2007.pdf |
| first_indexed |
2023-09-18T22:44:13Z |
| last_indexed |
2023-09-18T22:44:13Z |
| _version_ |
1777417116203352064 |