A study of performance and characteristics of board and supervisor of Taiwanese firms listed in Taiwan Stock Exchange

• Main Authors: Wei, Tsao-Chi, 魏早啟
• Other Authors: Da-Bai Shen
• Format: Others
• Language: zh-TW
• Published: 1997
• Online Access: http://ndltd.ncl.edu.tw/handle/09876888202002029547

碩士 === 東吳大學 === 會計學系 === 85 === Abstract The public company in Taiwan are almost from small business. CEO, general managers, and supervisors in Taiwan are always relatives. This paper is studying if the different characteristics of board of directors affect enterprise''s performance. The American Model Business Corporation Act is different with Taiwan Corporation Act. American company doesn''t have supervisor while has outside directors. American company''s director doesn''t require have stock. American company''s monitor is from outside director, because outside directors are more independent. The public company in Taiwan, chairman of the director and general manager are the same or have relatives perform worse, and family business as well. The company''s supervisors are not independent with directors perform worse. The company have more supervisors perform better.