The Impact of Corporate Governance on Corporate Performance: Evidence from Bicycle Companies Listed on Taiwan Stock Exchange

• Main Authors: HUANG,MEI-CHU, 黃美珠
• Other Authors: CHANG, CHUN-PO
• Format: Others
• Language: zh-TW
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/74gzn8

碩士 === 大葉大學 === 管理學院碩士在職專班 === 107 === The purpose of this paper is to examine the effect of corporate governance on corporate performance. The sample of the study consists of public companies in Taiwan for the period from 2005 to 2018. We use descriptive statistics, correlation coefficient analysis, and regression analysis to probe the relationship between corporate governance and corporate performance in the bicycle companies. The main feature of this study is that we divide corporate governance into ownership structure and board characteristics. This empirical results show that corporate performance have positive relationship with the shares of board directors, the shares of institutional investor, the number of board directors, and the ratio of independent directors. However, corporate performance have negative relationship with the shares of family ownership, the control right deviates from cash flow right, the pledged share ratio of directors, and the chief executive officer duality.