期刊名称：Journal of Applied Economics and Business Research
电子版ISSN：1927-033X
出版年度：2014
卷号：4
期号：1
页码：64-79
出版社：Journal of Applied Economics and Business Research
摘要：Prior empirical research has created and used many different governance indexes with mixed results. However, these different configurations might prove unlikely effects over firm valuation as they differ in configuration, scale and furthermore, in interpretation. To test the effectiveness of different governance indexes configurations, an OLS model and a panel data analysis is applied on a sample of 1.307 firms in the U.S. over three years. The results confirm statistical differences and significance of two different measures of external and internal governance in relation to firm value.
关键词：Corporate Governance; Firm Valuation; Internal and External Governance
