Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《Finance & Trade Economics》 2011-03
Add to Favorite Get Latest Update

Media Coverage,Reputation Mechanism and Resignation of Independent Directors

Li Yan,Qin Yihu(School of Business,Renmin University of China,100872)  
Based on the panel data of Chinese listed firms which were negatively reported by media from 2006 to 2009,the paper studies the relation between media coverage and resignation of independent directors and further discusses the role of reputation mechanism between media coverage and resignation of independent directors.This study finds that the number of negative media has significant positive relations to the probability of independent director's resignation.The more influential of the media,the higher probability of resignation of independent director,which means media coverage play a positive role,while influential media play a key role.On this basis,this paper further shows that,after the media coverage,the more independent director cares his reputation,the higher probability of independent director resignation is,which means that reputation play a positive role in company governance of independent directors.
【CateGory Index】: F276.6
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
【References】
Chinese Journal Full-text Database 10 Hits
1 Zhang Ping Zheng Xiangdi (School of International Business,Shanxi Normal University,Xian,Shanxi 710062);Enterprise Reputation,Marketization Process and the Audit Charge[J];Communication of Finance and Accounting;2013-06
2 Zhang Jianping Yu Yumiao (Accounting Institute, Guangdong University of Business Studies, Guangzhou, Guangdong 510320; School of Economics and Management, Wuhan University, Wuhan,Hubei 430072);The Function of the Media and the Betterment of Corporate Governance: A Literature Review[J];Communication of Finance and Accounting;2013-12
3 Xin Qingquan,Huang Manli and Yi Haoran;The Listed-company's Fraud in Statement and the Supervision and Penalty of Independent Directors:an Analysis Based on the Perspective of the Individual Independent Director[J];Management World;2013-05
4 CHEN Hong;WANG Lei;WANG GuoLei;School of Finance,Zhongnan University of Economics and Law;;How Media Selection Influences Listed Company CEOs' Behavior in China: Empirical Data of Forbes Magazine[J];Finance and Trade Research;2013-06
5 LI Xiao-rong;LUO Jin-hui;School of Public Finance,Central University of Finance and Economics;School of Management,Xiamen University;;MEDIA ATTENTION AND THE CORPORATE CASH DIVIDEND PAYMENTS[J];Economic Theory and Business Management;2015-09
6 YU Yumiao1,ZHANG Jianping2,LIANG Hongyu3(1.School of Economics and Management,Wuhan University,Wuhan 430072,China; 2.School of Accounting,Guangdong Institute of Business,Guangzhou 510320,China; 3.School of Finance,Guangdong Institute of Business,Guangzhou 510320,China);Does Media Monitoring Affect Audit Opinion Empirical Evidence from China Securities Market[J];Journal of Audit & Economics;2013-01
7 ZHANG Jian-ping1,YU Yu-miao2(1.School of Accounting,Guangdong University of Business Studies,Guangzhou 510320;2.School of Economics & Administration,Wuhan University,Wuhan 430072,China);Does Media Monitoring Affect Audit Pricing——Preliminary Empirical Evidence from China Securities Market[J];Journal of Shanxi Finance and Economics University;2013-03
8 ZHANG Wei-qian;QU Yan-ying;ZHENG Ying-fei;School of Finance, Shanghai University of International Business & Economics;;Do Negative Coverage Effectively Supervise Managers' Compensation——An Empirical Analysis from the Perspective of Compensation Substitution[J];Journal of Shanxi University of Finance and Economics;2015-06
9 YE Yong,LI Ming,ZHAGN Ying(School of Economics and Management,Southwest Jiaotong University,Chengdu 610031);Influence of Media Coverage on Agency Cost[J];Soft Science;2013-02
10 Wang Xingyu1 and Peng Yu2(1.Institute of Management Science and Engineering,Henan University,Kaifeng 475001; 2.China Securities Regulatory Commission Henan Department,Zhengzhou 450000);Signal Transfer Effect of the Resignation of Independent Directors[J];Management Review;2012-12
China Proceedings of conference Full-text Database 1 Hits
1 ;Media supervision、Reputation mechanism and audit quality?—— Empirical Evidence from the Chinese securities market[A];[C];2013
【Citations】
Chinese Journal Full-text Database 4 Hits
1 Chen Yan(Lingnan College,Sun Yat-sen University,Guangzhou,Guangdong,510275);The reputation of independent directors and the efficiency of their labor force market[J];Economist;2009-04
2 Ye Kangtao(University of North Carolina,USA)Lu Zhengfei and Zhang Zhihua(Guanghua School of Management,Peking University);Can Independent Directors Deter the Tunneling of Large Shareholders?[J];Economic Research Journal;2007-04
3 Li Peigong and Shen Yifeng(Department of Finance,School of Management,Xiamen University);The Corporate Governance Role of Media:Empirical Evidence from China[J];Economic Research Journal;2010-04
4 Li Chunling;Prestige Stratification in the Contemporary China:Occupational prestige measures and socio-economic index[J];Sociological Research;2005-02
【Co-citations】
Chinese Journal Full-text Database 10 Hits
1 LIU Feng-de1, LI Qiang2 (1. Beijing Sport University, Beijing, 100084 China; 2.The Central University of Finance and Economics ,Beijing, 100081 China);The Influence of Group Characteristics on Career Development after Retirement of Table Tennis Athletes in China[J];Journal of Beijing Sport University;2007-12
2 JIANG Rong1,LIU Xing2(1.School of Trade and Administration,Chongqing University,Chongqing 400040,China;2.School of Economics and Business Administration,Chongqing 400040,China);Private Benefit of Control,Corporate Performance and CEO Turnover: Evaluation on the Efficiency of Internal Governance Mechanisms[J];Journal of Finance and Economics;2010-10
3 XU Xiao-ping,LI Jin-jun(School of Finance,Shanghai University of Finance and Economics,Shanghai 200433,China);Valuation of Cash and Dividend Assets,and the Effectiveness of Independent Directors: An Empirical Analysis Based on Value Regression Model[J];Journal of Finance and Economics;2011-03
4 LIANG Hong-yu1,2,YAO Yi-long1,NING Ji-an1(1.Lingnan College,Sun Yat-sen University,Guangzhou 510275,China;2.Finance Department,Guangdong University of Business Studies,Guangzhou 510320,China);Media Exposure,Corporate Governance and Agency Costs[J];Journal of Finance and Economics;2012-07
5 Liu Jihong Yang Zhi(Guanghua School of Management,Peking University,Beijing,100871;Economics and Management School,Wuhan Textile University,Wuhan,Hubei 430073);The Analysis on Auditor Change[J];Communication of Finance and Accounting;2010-18
6 Zheng Luhang (School of Business,Renmin University of China,Beijing 100872);Media Supervision and Corporate Governance[J];Communication of Finance and Accounting;2012-12
7 HUANG Jun,PAN Mei-xia (Accounting College ,Hunan University,Changsha,Hunan 410079,China);Effectiveness of Independent Director and Related Transactions of Controlling Shareholders[J];The Theory and Practice of Finance and Economics;2010-01
8 QUAN Xiaofeng(College of Business,Soochow University,215021) WU Shinong(School of Management,Xiamen University,361005);Study on Governance Effect and Mechanism of Media Attention[J];Finance & Trade Economics;2012-05
9 LU Ming-tao (Department of Foreign Language,The First Normal College of Hunan,Changsha 410205,China);Magic Number 7:Behavioral Economics Analysis of Miller's Rule[J];Journal of Chongqing Technology and Business University(Social Science Edition);2011-01
10 YANG Lei,LU Rui(Guangzhou City Polytechnic,Guangzhou 510405;Sun Yat-sen University,Guangzhou 510275,China);Independent Director and Executive Salary:Empirical Evidences from China’s Security Market[J];Contemporary Finance & Economics;2009-05
China Proceedings of conference Full-text Database 10 Hits
1 ;Background of independent directors and accounting information quality on the circulation companies[A];[C];2009
2 Xiaofei Liu and Ke Lu;Student Performance and Family Socio-economic Status:Results from a Survey of Compulsory Education in Western China[A];[C];2008
3 ;Political Connections, the Opening-up of Banking Industry,and Bank Governance[A];[C];2009
4 ;Have Media Corporate Governance Role?——An investigation Based on Audit View[A];[C];2011
5 ;The Regulation Paths of Chinese Listed Companies and Their Governance Mechanism[A];[C];2011
6 Luo Hong and Zhang Weiqian SCHOOL OF ACCOUNTING,SWUFE CHEGN DU 611130;Media reports on the effect of the control of executive compensation[A];[C];2011
7 Ma Lianfu Liu Liying Research Center of Corporate Governance, Nankai University, Tianjin, 300071;A Review of Managerial Reputation Theories[A];[C];2011
8 HUI HE MING LI(1 School of Accounting,Southwestern University of Finance and Economics,Chengdu 611130)(2 School of Accounting,Southwestern University of Finance and Economics,Chengdu 611130);Can independent directors enhance corporate value and performance?:the analysis of Mediating effect based on corporate governance[A];[C];2011
9 Li Xiaojun,Tao Yini,Shen Yali(Accounting school,Yunan University of Finance and Economics,Yunan Kunming,650221);The impact of private benefits of control on over equity refinancing——A theoretical model and empirical test[A];[C];2011
10 ;Have Media Corporate Governance Role?——An investigation Based on Audit View[A];[C];2011
【Co-references】
Chinese Journal Full-text Database 10 Hits
1 DAI Zhong-liang(School of Economics, Sichuan University,Chengdu 610064,China);On Principal-agent Theory[J];Commercial Research;2004-19
2 ZHOU Meng-shun~1,Zhang Hong-bo~2(1.Finance Section,Hunan Industrial Polytechnic Institute,Changsha 410208,China;(2.Hunan University Science and Technology,Xiangtan 411201,China);The Choice of Managerial Behavior in State-owned Enterprises Under the Distorted Credit Incentive Mechanism[J];Commercial Research;2006-17
3 ZHANG Tong,HE Dan(School of Management,Tianjin University,Tianjin 300072,China);The Characteristics of Takeover Targets in China Stock Markets[J];Commercial Research;2006-19
4 FU Hong-zhen (School of Management,Xiamen University,Xiamen 361005,China);Reviews of the Research on the Relationship Between Corporate Social Responsibility and Financial Performance[J];Commercial Research;2011-08
5 Gao Lei1 Song Sunling2;Executive compensation and corporate performance[J];Finance & Economics;2007-04
6 Li Yu Hong;Corporate Governance Structures' Influence on Internal Control Effectiveness——An Empirical Research of Listed Companies in Shanghai China[J];Finance & Economics;2011-02
7 GU Jian-guo~1,LONG Jian-cheng~2 (1.School of Economics and Finance,Xi'an Jiaotong University,Xi'an 710061,China;2.School of Arts,Xi'an dianzikeji University,Xi'an 710071,China);The Empirical Study on the Impacts of the Independence of Board on Performance[J];Collected Essays on Finance and Economics;2006-05
8 LIN Zhong-gao,XU-Hong,TANG Liang (Accounting Department,Anhui University of Technology,Ma'anshan 243002,China);Shareholding Structure,Disclosure of Internal Control & Enterprise Value[J];Collected Essays on Finance and Economics;2009-01
9 CHEN Jian-lin1,LOU Zhao-hui2(1.Accounting School,Guangdong University of Business Studies,Guangzhou 510320,China;2.School of Economics,Zhejiang Gongshang University,Hangzhou 310018,China);The Type of Control,Governance Mechanisms and Agency Costs in Listed Companies——The Comparative Analysis of Family Businesses and Non-family Businesses[J];Collected Essays on Finance and Economics;2009-06
10 LEI Yu(Accounting School,Guangdong University of Business Studies,Guangzhou 510320,China);Nature of Actual Controllers and Effectiveness of Reputation Mechanism——Evidence from the Perspective of Corporate Information Disclosures[J];Collected Essays on Finance and Economics;2011-03
【Secondary References】
Chinese Journal Full-text Database 10 Hits
1 PENG Tao-ying;QIU Zhao-dong;School of Business Management,Hunan University;;Institutional Environment,Media Supervisionand Auditing Quality[J];Collected Essays on Finance and Economics;2014-08
2 CHEN Hong;DENG Shaohua;YIN Shusen;Zhongnan University of Economics and Law;;Research on Mechanisms of Corporate Governance of the Mass Media in the Age of "Big Data"——Based on Empirical Result of Transparency[J];Finance & Trade Economics;2014-07
3 ZHANG Ping;ZHANG Tao-tao;School of International Commerce,Shaanxi Normal University;;The Effectiveness of Internal Control、Marketization Process、Audit fees[J];Journal of Guizhou University of Finance and Economics;2015-02
4 ZHOU Lan;YAO You-fu;School of Business Administration,Hunan University;;Media Supervision,Government Intervention and Audit Quality[J];Social Sciences of Beijing;2015-05
5 ZHOU Lan;YAO Youfu;Business School,Hunan University;The Risk-oriented Audit Research Base of Hunan Province,Hunan University;;Media Supervision and Accounting Conservatism Empirical Evidence from China Securities Market[J];The Theory and Practice of Finance and Economics;2015-03
6 HUANG Xiao-bei;ZHENG Jian-ming;;Media Attention, Analysts Coverage, and Irregularities in Management Earnings Forecasts[J];International Business;2015-03
7 WANG Bo;YE Yong;LI Ming;School of Economics and Management,Southwest Jiaotong University;;Review and Prospects on the Role of the Media on Corporate Governance[J];East China Economic Management;2014-10
8 Yu Yumiao;Zhou Yingying;Pan Jun;Economics and Management School of Wuhan University;;Do Firms Benefit from the Appointment of Retired Government Officials as Independent Directors?[J];Economic Review;2015-01
9 Dai Yiyi;;Independent Director Resignation,Political Connection and Corporate Governance Defects[J];Accounting Research;2014-11
10 Zhou Jian;Zhang Shuangpeng;Liu Changjian;China Academy of Corporate Governance,Nankai University;Business School,Nankai University;;Separating CEO Duality:Alleviating the Agency Problems with Strategic Succession Planning[J];Journal of Management Science;2015-03
【Secondary Citations】
Chinese Journal Full-text Database 6 Hits
1 Yu Minggui and Pan Hongbo;The Relationship between Politics, Institutional Environments and Private Enterprises'Access to Bank Loans[J];Management World;2008-08
2 Zhang Weiying;Property Right Structure and the Struggle for Power with in the Enterprise[J];ECONOMIC RESEARCH JOURNAL;2000-06
3 Chen Donghua, Chen Xinyuan & Wan Hualin (Institute of Accounting and Finance, Shanghai University of Finance and Economics);Regulation and Non-pecuniary Compensation in Chinese SOEs[J];Economic Research Journal;2005-02
4 Chen Donghua, Zhang Tiesheng and Li Xiang(Department of Accounting, Nanjing University);Law Environment,Government Regulation and Implicit Contract:Empirical Evidence from the Scandals of Chinese Listed Companies[J];Economic Research Journal;2008-03
5 Shen Yifeng, Xiao Min and Lin Tao(School of Management, Xiamen University);Investor Protection and Firm Capital Structure[J];Economic Research Journal;2009-07
6 ;从职业评价与择业取向看中国社会结构变迁[J];SOCIOLOGICAL RESEARCH;2000-03
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved