The Impact of The Board Structure and The Multiple Directorships of Independent Directors on Firm Performance-The Empirical Study of Listed Electronic Companies in Taiwan

• Main Authors: Shiue- Han Juang, 莊雪涵
• Other Authors: Hua -Rung Shen
• Format: Others
• Language: zh-TW
• Published: 2008
• Online Access: http://ndltd.ncl.edu.tw/handle/30853971366004482037

碩士 === 國立交通大學 === 管理科學系所 === 96 === In recent years, the issue of corporate governance has raised the public attention around the globe . The purpose of this study is to explore the relationship between the independent director system of Taiwanese listed electronic companies and the corporate accounting performance. This research is mainly sampled from Taiwanese listed electronic companies . 328 samples were selected from the listed electronic companies in the TSEC in 2008. The conclusion is based on the empirical results. First: the Audit Committee is significant negatively correlated with the corporate accounting performance. Second: The magnitude of manager’s share is positively correlated with the corporate accounting performance. Third: The ratio of the independent directors is not significant positively correlated with the corporate accounting performance. Fourth: The company's size is positively correlated with the corporate accounting performance. Fifth：there is significant negative relationship between directors’s pledge ratios and accounting performance. Sixth: The debt ratio is negatively correlated with the corporate accounting performance. Based on the empirical results in this research, we can find out that the independent director system is not really effective on accounting performance. We hope that the empirical result of this research can be a useful reference for those Taiwanese listed electronic companies who want to establish an independent director system.