The Relationship between Related-Party Transactions and Legal Entity Directors and Supervisors of Business Groups

• Main Authors: LIN,CHIEN-JU, 林倩如
• Other Authors: WEI,YU-SHAN
• Format: Others
• Language: zh-TW
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/hf3ua4

碩士 === 國立雲林科技大學 === 會計系 === 106 === This article uses the companies in-stock in Taiwan to examine the relationship between legal entity directors/supervisors of business groups and related party transactions during 2007 to 2012. Our empirical results found, that the parties or percentages of legal entity directors/supervisors of business groups had positive correlation with related party transactions, which shows the more number of parties or percentages are of legal entity directors/supervisors of business groups, the worse efficiency of supervising on board of directors are, and thus, weaken the corporate governance, causing more related party transactions. The study also found that under the system of legal entity directors/supervisors, the board of directors trend to grouping, making the audit committee could not prove their functions of restraining the related party transactions.