| Summary: | 碩士 === 銘傳大學 === 財務金融學系碩士班 === 95 === Some of listed companies in Taiwan experienced financial crisis these years. And they induce the further necessity of corporate governance. To this point, this study tries to find whether the control intensity of board of directors affects the firm performance, and also tests the influence of independent directors.
Next, this study tries to explore the further determinants of board control. The results show that the board size, the management director ownership ratio and the ratio of inside directors positively associated with the board control intensity. Besides, they also have positively effects on the corporate operating performance includes ROA or ROE.
Finally, the independent directors factor will associate positively with ROA, but companies with independent directors won’t improve the whole performance more than without them before.
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