| Summary: | 碩士 === 東吳大學 === 會計學系 === 95 === With globalization of capital market, the attitude toward information disclosure became the key factor for investment decisions making. However, with numerous frauds occurred internationally, governments all over the world have improved related laws to increase managers’ responsibility to the reliability of financial statements. Since the capital market put highly emphasis on transparency, our goal is to examine the relationship between the managers’ turnover and the attitude toward information disclosure.
By adopting the outcome of the information disclosure review system as dependent variable to examine if the managers’ turnover cause the different attitude of information disclosure in recent years. Moreover, we separate the manager to general manager and chairman. Furthermore, we analyze the relationship between each reasons of managers’ turnover and the attitude of information disclosure.
After a series examination and analysis, it can be concluded as follows:
1. It shows significant positive correlation between managers’ turnover and changes of attitude toward information disclosure.
2. Separating the management, there is highly significant positive correlation between general managers’ turnover and the changed attitude toward information disclosure, while the chairman turnover won’t change the attitude toward information disclosure in recent years.
3. In the reasons of general managers’ turnover, the reasons that retirement, death and health and according to corporate governance have highly significant correlation with changes of attitude toward information disclosure.
|
|---|
