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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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Main Author: Kim, Hyo Jin
Format: Article
Language:English
Published: Accounting Research Institute (ARI) & Faculty of Accountancy 2007
Online Access:http://ir.uitm.edu.my/id/eprint/191/1/AJ_HYO%20JIN%20KIM%20MAR%2007.pdf
http://ir.uitm.edu.my/id/eprint/191/
https://mar.uitm.edu.my/
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spelling my.uitm.ir.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 https://mar.uitm.edu.my/
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
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/191/1/AJ_HYO%20JIN%20KIM%20MAR%2007.pdf
http://ir.uitm.edu.my/id/eprint/191/
https://mar.uitm.edu.my/
_version_ 1685648035742220288
score 13.211869

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