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What is the impact of corporate governance on the food industry at different thresholds of internationalization? A review

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Listed:
  • Chun-Hsin Chou

    (School of International Law, China University of Political Science and Law, Beijing, China)

  • Joe-Ming Lee

    (Department of Applied Economics, Fo Guang University, Yilan County, Taiwan)

  • Ying-Maw Teng

    (Department of International Business, I-Shou University, Kaohsiung City, Taiwan)

  • Hsiu-Ling Lee

    (Department of Accounting, I-Shou University, Kaohsiung City, Taiwan)

Abstract

This research analyzes the dynamic effects of corporate governance, research and development (R&D) innovation, and financial policy on firm business performance under different internationalization threshold structures in Taiwan's food industry during the 2008-2019 period. The results illustrate R&D innovation's negative impact on business performance and the collateralization ratio by directors also has a negative influence. Conversely, the findings reveal that by considering the internationalization threshold effect, at a level of high internationalization, firms have positive influences on R&D innovation, and financial policy has a positive influence on business performance.

Suggested Citation

  • Chun-Hsin Chou & Joe-Ming Lee & Ying-Maw Teng & Hsiu-Ling Lee, 2021. "What is the impact of corporate governance on the food industry at different thresholds of internationalization? A review," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 67(1), pages 21-32.
  • Handle: RePEc:caa:jnlage:v:67:y:2021:i:1:id:272-2020-agricecon
    DOI: 10.17221/272/2020-AGRICECON
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    References listed on IDEAS

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    Cited by:

    1. Graţiela Georgiana Noja & Mirela Cristea & Nicoleta Sîrghi & Oana-Ramona Socoliuc Guriță & Ioana Vădăsan & Daniel Cîrciumaru, 2023. "Corporate governance, ownership concentration and performance of European agricultural companies: New empirical evidence," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 69(4), pages 151-161.

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