| Summary: | 碩士 === 東海大學 === 企業管理學系碩士班 === 95 === After Asian financial storm happened in 1997 and Enron scandal broke out in 1997, the corporate governance system has been the purpose focus of the world. The enterprises in Taiwan must improve one’s own corporate governance system in case of progressing in global competitiveness in order to improve its competitiveness. The most important role in corporate governance system is board of directors of enterprises, which supervise, coach, and offer suggestion to managers.
Under the knowledge economic, the innovation ability of enterprises is a key factor to enterprise's success. As the linkage between corporate governance systems and firm performance has been widely examined, how the board of directors affects a firm’s innovation ability has been rarely explored. The topic of the research is to explore the linkage between board of directors and the firm’s innovation ability which publicly listed in Taiwan. In addition, we use the patent counts as an index to measure a firm’s innovation ability.
Based on the 255 publicly listed firms across information electron in Taiwan, we collected the financial secondary data, prospectus to establish the information we need in the study. In addition, we use the patent count which proven in three area where are Taiwan, China and United State to measure the firm’s innovation ability. This study is examined for 255 publicly listed firms in Taiwan electronic industry by using unbalanced panel data during 2001-2005. We use one way fixed effect model to evaluate parameters of model, and use F test to examine the explanatory power of a model.
The results show that the difference of the corporate governance system will affect the firm’s innovation ability. In addition, this result can provide a suggestion that how the corporate governance system, board composition and other characteristics are effective in firm’s innovation ability.
|
|---|
