The analysis of director change

• Main Authors: Yiting Chen, 陳依渟
• Other Authors: Shuching Chou
• Format: Others
• Language: zh-TW
• Published: 2011
• Online Access: http://ndltd.ncl.edu.tw/handle/81093861836075250691

碩士 === 雲林科技大學 === 財務金融系碩士班 === 99 === This thesis analyzes the factors that affect the change of a chairman. Using a sample of listed companies in Taiwan, this thesis analyzes how factors such as business performance, firm age, industry type, family control and chairman shareholdings will affect the replacement of a chairman. The results show that companies under family control, with better business performance and with more chairman’s shareholding will have lower possibility to replace a chairman. The results also show that companies under family control and with higher age are prone to have the family members as new chairman. However, electronic and IC companies and companies with higher chairman’s shareholding have less possibility to have family member as new chairman.