Board Member Quality and Ownership Structure Impacts on Corporation Financial Risk

• Main Authors: Jia-Sin Lin, 林家辛
• Other Authors: Jo-Lan Liu
• Format: Others
• Language: zh-TW
• Published: 2017
• Online Access: http://ndltd.ncl.edu.tw/handle/4y92x2

碩士 === 國立臺中科技大學 === 會計資訊系碩士班 === 105 === This research mainly Taiwan goes on the market in the discussion from 2007 to 2015, on the cabinet company Dong Jianshi member quality, the manager owns stocks, the organization investor owns stocks relations with the enterprise finance risk.This research refers to Liu Jiawen, Wang Taichang and Lai Xincang first (2009) finance risk weight model respectively by Z-score, MZ-score, ZFC-score, following sur- Yin Xianyu, Ye Li the kernel and You Yaxuan in (2015) research the financial risk model takes ZFC-NEW and Z-NEW in addition the comprehensive target weighs the financial risk.Real diagnosis result when Z-score and MZ-score model, the board of directors member quality is higher with the manager owns stocks high then the enterprise finance risk is lower, in the Z-NEW model besides the above real diagnosis result, will still have the organization investor to own stocks high causes an enterprise finance risk lower result.Synthesizes this findings to be possible to support the board of directors member quality to be better, the manager owns stocks owns stocks high with the organization investor when may effectively reduce the enterprise the financial risk.