Tracie Woidtke

TL;DR: In this paper, the authors examined the valuation effects associated with the incentive structures of different types of institutional investors using the ownership levels of public and private pension funds in a firm and found that institutional monitoring is associated with valuation effects when both observable and unobservable aspects of the relationship between institutions and firms are taken into account.

TL;DR: In this article, the determinants of board composition and firm valuation as a function of the board composition in Taiwan were examined and the results suggest that there is poor governance when the board is dominated by members who are affiliated with the controlling family but good governance if the board are dominated by shareholders who are not affiliated with a controlling family.

TL;DR: In this paper, a variety of supportive evidence, including operating performance improvements and abnormal disciplinary CEO turnover, indicating that campaigns induce boards to take actions in shareholders' interests, are presented.

TL;DR: In this article, the authors analyzed family control and corporate governance using a sample of Taiwanese firms and found that family control is even more prevalent than previously suggested and that a non-linear relation exists between family controlling and relative firm performance.

TL;DR: In this paper, the authors examine the effect of just-vote-no campaigns and find that a substantial withheld vote motivates board members to take immediate action to avoid further embarrassment, indicating that such campaigns induce boards to take actions in shareholders' interests.