Social Networks and Dynamic Firm Performance: Evidence from the Taiwanese Semiconductor Industry

Wang, Wei-Kang and Lu, Wen-Min Lu and Ting, Irene Wei Kiong and Chen, Yu-Hsuan (2021) Social Networks and Dynamic Firm Performance: Evidence from the Taiwanese Semiconductor Industry. Spanish Accounting Review, 24 (1). pp. 62-74. ISSN 1138-4891. (Published)

[img]
Preview
Pdf
Social Networks and Dynamic Firm Performance.pdf
Available under License Creative Commons Attribution Non-commercial No Derivatives.

Download (1MB) | Preview

Abstract

This study examines the relationship between board interlock and firm performance. Using the Taiwanese semiconductor industrys dataset from 2013 to 2015, this study uses centrality, structure holes, and the number of interlocking boards as proxies of board interlock. This study also evaluates firm performance over a long-term period through a dynamic data envelopment analysis model. which concluded that board interlock improves dynamic efficiency. Using a directors social network analysis, we also identified the top five companies with the best board interlock in terms of centrality, structural holes, and the number of interlocking directors. Overall, this paper is novel in linking board interlock to dynamic efficiency. The study enriches the extant accounting literature regarding the role of directors in influencing firm performance and evaluate firm performance from a multidimensional efficiency perspective.

Item Type: Article
Uncontrolled Keywords: Firm performance, Board interlock, Dynamic efficiency, Directors social network analysis
Subjects: H Social Sciences > HG Finance
Depositing User: Dr. Irene Ting Wei Kiong
Date Deposited: 21 Apr 2022 07:33
Last Modified: 21 Apr 2022 07:33
URI: http://umpir.ump.edu.my/id/eprint/33701
Download Statistic: View Download Statistics

Actions (login required)

View Item View Item