A Comparison of Agency Cost for Different Corporate Governance Models：Taiwan vs. China vs. Hong Kong

• Main Authors: Lin, Jia-Zhen, 林嘉楨
• Other Authors: Jia, Yi-Ran
• Format: Others
• Language: zh-TW
• Published: 2013
• Online Access: http://ndltd.ncl.edu.tw/handle/u2j7sb

碩士 === 義守大學 === 財務金融學系 === 101 === In different countries, have different social systems (such as culture and customs), the legal system and the political system, and finally evolved a variety of structural problems, and thus the formation of the corporate governance structure and governance model is different, and in economic development of different modes of governance to follow a different path of institutional change. This study examines the comparison of national systems as described, but mainly to differences in agency costs with two corporate governance models which are Japan-Germany Model and UK-US Model. The purpose of this study is to find out which of the model will give a better performance with low agency costs by using Taiwan (Japan-Germany Model), China (Japan-Germany Model) and Hong Kong (UK-US Model) as the example.