...Quoc Trung Tran Purpose In this study, we examine how ownership structure affects the use of independent directors in Vietnam – an emerging stock market. Design/methodology/approach We develop logit and tobit regression models to investigate the effects of ownership structure on the propensity...

...Quoc Trung Tran Purpose The purpose of this paper is to examine whether independent directors reduce corporate overinvestment and improve investment efficiency in an emerging market. Design/methodology/approach First, the author developed a research model in which corporate investment...