Non-linear relationships among related party transactions, financial characteristics, corporate governance,
and corporate value – Analysis of high-growth and low-growth food firms
This paper empirically investigates the relationship between related party transactions, financial characteristics, and corporate governance on the corporate value in Taiwan’s food industry during 2008–2017. The results show that non-linear relationships among related party transactions, financial characteristics, corporate governance, and corporate value. This study recommends to low-growth food firms that they should strengthen the power of their financial performance and corporate governance.
corporate governance; financial characteristics; firm growth; non-linear models; related party transactions
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