The Supervisor System and the Audit Committee System to compare of the public companies in Taiwan

• Main Authors: Fang-Lin Liu, 劉芳玲
• Other Authors: Kuo-Hwa Luo
• Format: Others
• Language: zh-TW
• Published: 2012
• Online Access: http://ndltd.ncl.edu.tw/handle/43139514964591438570

碩士 === 國立雲林科技大學 === 會計系碩士班 === 100 === Most of companies are family-owned firms, the supervisors cannot develop original supervision efficiency, since of 1998 business frauds have been happened, Strengthen the company supervision system in Taiwan. One of the reforms was to subsume the independent directors system and audit committee system into Securities and Exchange Law in 2006. Therefore, our company organizational structure is divided into three modes, The first one is to maintain the traditional board of directors and supervisors system; The second set of independent directors to the Board, and the company also has a supervisor; The third set of independent directors to the Board, And the Audit Committee comprised of independent directors, The company no longer set supervisor. As a result, the adoption of the new system, without well supplementary measures, would bring many problems and shocks, such as independent directors, but not the same terms of reference, Board of Directors has authority over the Audit Committee. In this thesis, the author suggests to go back to the Supervisor system, focused on the reform of supervisor system, public company should set the supervisor committee. This way not only can play the advantages of the collegiate system, and also to maintain the two-tier operation to avoid the chaos in company law system, to the fullest the effectiveness of the Company Supervision