@article{ART003106220},
author={Hyun-Gu Kang and SUNPIL HWANG and Sung-Yong Ryu},
title={The Impact of Electronic Voting System on Earnings Persistence and Corporate Value},
journal={Industry Promotion Research},
issn={2466-1139},
year={2024},
volume={9},
number={3},
pages={1-11},
doi={10.21186/IPR.2024.9.3.001}
TY - JOUR
AU - Hyun-Gu Kang
AU - SUNPIL HWANG
AU - Sung-Yong Ryu
TI - The Impact of Electronic Voting System on Earnings Persistence and Corporate Value
JO - Industry Promotion Research
PY - 2024
VL - 9
IS - 3
PB - Industrial Promotion Institute
SP - 1
EP - 11
SN - 2466-1139
AB - At shareholders' meetings, minority shareholders are inferior in information to owners and majority shareholders, and they are often excluded from important decision-making. As a result, the rights and interests of minority shareholders are often damaged, which acts as a factor that hinders corporate value. The electronic voting system is expected to encourage minority shareholders to participate in management decision-making, which is expected to help increase corporate value. The results of the analysis in this study are summarized as follows.
First, it was found that there was no difference between the earnings persistence of companies that introduced the electronic voting system and the earnings persistence of companies that did not. Second, we found no evidence that the introduction of the electronic voting system would increase the value of firms. Third, the effect of earnings persistence on corporate value of companies that adopted the electronic voting system was no different from that of firms that did not adopt it.
KW - Electronic Voting System;Minority Shareholders;Transparent Management;Earnings Persistence;Corporate Value
DO - 10.21186/IPR.2024.9.3.001
ER -
Hyun-Gu Kang, SUNPIL HWANG and Sung-Yong Ryu. (2024). The Impact of Electronic Voting System on Earnings Persistence and Corporate Value. Industry Promotion Research, 9(3), 1-11.
Hyun-Gu Kang, SUNPIL HWANG and Sung-Yong Ryu. 2024, "The Impact of Electronic Voting System on Earnings Persistence and Corporate Value", Industry Promotion Research, vol.9, no.3 pp.1-11. Available from: doi:10.21186/IPR.2024.9.3.001
Hyun-Gu Kang, SUNPIL HWANG, Sung-Yong Ryu "The Impact of Electronic Voting System on Earnings Persistence and Corporate Value" Industry Promotion Research 9.3 pp.1-11 (2024) : 1.
Hyun-Gu Kang, SUNPIL HWANG, Sung-Yong Ryu. The Impact of Electronic Voting System on Earnings Persistence and Corporate Value. 2024; 9(3), 1-11. Available from: doi:10.21186/IPR.2024.9.3.001
Hyun-Gu Kang, SUNPIL HWANG and Sung-Yong Ryu. "The Impact of Electronic Voting System on Earnings Persistence and Corporate Value" Industry Promotion Research 9, no.3 (2024) : 1-11.doi: 10.21186/IPR.2024.9.3.001
Hyun-Gu Kang; SUNPIL HWANG; Sung-Yong Ryu. The Impact of Electronic Voting System on Earnings Persistence and Corporate Value. Industry Promotion Research, 9(3), 1-11. doi: 10.21186/IPR.2024.9.3.001
Hyun-Gu Kang; SUNPIL HWANG; Sung-Yong Ryu. The Impact of Electronic Voting System on Earnings Persistence and Corporate Value. Industry Promotion Research. 2024; 9(3) 1-11. doi: 10.21186/IPR.2024.9.3.001
Hyun-Gu Kang, SUNPIL HWANG, Sung-Yong Ryu. The Impact of Electronic Voting System on Earnings Persistence and Corporate Value. 2024; 9(3), 1-11. Available from: doi:10.21186/IPR.2024.9.3.001
Hyun-Gu Kang, SUNPIL HWANG and Sung-Yong Ryu. "The Impact of Electronic Voting System on Earnings Persistence and Corporate Value" Industry Promotion Research 9, no.3 (2024) : 1-11.doi: 10.21186/IPR.2024.9.3.001
