A Comparative Study on Corporate Governance practices between Taiwan and US

• Main Authors: Frank Chen, 陳鎮福
• Other Authors: Chen-en Ko
• Format: Others
• Language: zh-TW
• Published: 2007
• Online Access: http://ndltd.ncl.edu.tw/handle/19084856691511151116

碩士 === 國立臺灣大學 === 會計與管理決策組 === 95 === Corporate governance caused highly focus by international society recently resulted from 1997 Asia financial crisis, then America companies (Enron and Worldcom) financial scandals which drive America’s determination to expedite corporate governance improvement. US SEC commenced many improvement actions and activities, and enforcement Sarbanes-Oxley Act in 2002. Taiwan also suffered from financial scandals from many companies (from Procomp Informatics, Infodisc, China Trust, and Rebar Group) which damaged investors’ interest and caused many attentions on corporate governance related matters. This study is based on student past twenty years financial experience at US global companies and near three years financial management experience at domestic company through corporate governance practices comparison between two nations corporate governance benchmark companies and two recent con-cases. The study is trying to propose the improvement directions to enhance Taiwan corporate governance performance. The proposed directions include short, mid, and long term approach as follow: