A Study of the Relationship between Corporation Governance, Succession, Employee Stock Bonus and Performance: Evidence from the Listed Electronic Company

• Main Authors: Mang-fang Hsieh, 謝孟芳
• Other Authors: Yung-Ming Cheng
• Format: Others
• Language: zh-TW
• Published: 2005
• Online Access: http://ndltd.ncl.edu.tw/handle/q6dtmk

碩士 === 朝陽科技大學 === 企業管理系碩士班 === 93 === ABSTRACT In this study, we examine the interaction relationships between Corporation Governance (included rate of percentage held by outside directors on percentage held by total board directors, CEO duality), Succession, Employee Stock Bonus and Performance. Total of 68 electronic industry companies which listed in Taiwan stock marked before 1998/01/01 is selected and observation period is from 1998 to 2003.This study finds that employee stock bonus and company performance have positive relationship in Taiwan electronic industry. Company gives employee more stock bonus following the policy, and what’s more, company performance is better. There is strong evidence showing that the policy of employee bonus has directly impact on the situation of company performance. From the conclusion, higher employee stock bonus will have better company performance in Taiwan listed electronic industry.