Independent Directors and Accounting Restatements

• Main Authors: Hua-ShinLiou, 劉華欣
• Other Authors: Ting-Kai Chou
• Format: Others
• Language: zh-TW
• Published: 2017
• Online Access: http://ndltd.ncl.edu.tw/handle/v55n7e

碩士 === 國立成功大學 === 財務金融研究所碩士在職專班 === 105 === This paper examines independent directors and accounting restatements. Since December 20, 2005, the Securities Exchange Act has complieds with certain conditions under which the conditions of publicly traded companies should set a certain percentage of independent directors, Therefore, this article will examine independent directors and accounting restatements. The results of this study show that the financial statements of independent directors are not significantly higher than those of companies that do not have independent directors. In addition, the benefits of this study can be used as a reference by administrations for developing administrative controls on corporate governance in the future.