Corporate Governance in Taiwan :A Case Study on Procomp Corporation

• Main Authors: Fu-Kai Chang, 張富凱
• Other Authors: Shang-Jyh Liu
• Format: Others
• Language: zh-TW
• Published: 2006
• Online Access: http://ndltd.ncl.edu.tw/handle/46430238021693266299

碩士 === 國立交通大學 === 科技管理研究所 === 94 === This research aims to discuss the problems and corresponding solutions of the present corporate governance system by using a case study of Procomp Corporation. The practical problems of the internal and the external mechanism in corporate governance structure will be examined by the analysis of this case study. Several internal problems can be disclosed in the evaluation of this case, including the malfunction of the boards to oversee the CEO, the longterm loss of the shareholders’ right, and the CEO’s milk of the corporation property. In addition, the external problems in the case include the inaccurate audit of the accountants, the difficulty to investigate the overseas capital of the corporation, the maintained power of management for the accused CEO, and the compensation of the shareholders. This research also reveals that the corporate governance system will successfully operate while the independent directors were capable of overseeing the CEO. Moreover, it is also necessary for the supervisory institution to develop an effective system to inspect the financial situation of corporations, thereby preventing the similar event from happening.