| Summary: | 碩士 === 逢甲大學 === 金融碩士在職專班 === 104 === This study investigates the relationship between board structure and directors compensation of fat cat company, this study collected the research samples of self-interest board of directors which is “the company of net loss with increasing board payment” listed in Taiwan Stock Exchange from 2009 until 2014.We divide the research samples into three types:the whole industry, electronics industry and non-electronics industry as comparative analysis.The research total samples is 426 observations.The empirical results of the electronics industry samples show that the higher ratio of shareholding of directors and supervisors, the lower directors compensation ,the lower degree of self-interest directors and supervisors.The higher ratio of independent directors, the higher directors compensation.The empirical results of non- electronics industry samples show that the greater of board size, the higer directors compensation,the higer degree of self-interest directors and supervisors. The higher ratio of the chairman of the firm is also its president, the lower directors compensation,the lower degree of self-interest directors and supervisors.
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