The Relatioship between Corporate Governance and Operating Performance-The Case of Listed Companies in Taiwan

• Main Authors: Chyn-yi Liu, 劉芩怡
• Other Authors: Pei-How Huang
• Format: Others
• Language: zh-TW
• Published: 2013
• Online Access: http://ndltd.ncl.edu.tw/handle/17821586466876420753

碩士 === 國立中山大學 === 企業管理學系研究所 === 101 === The economic environment is so sensitive that a financial event can cause tremendous crisis. The ownership of the company changed, because who run the company was no longer who own the company. Stakeholders took Corporate Governance as brilliant merchandise making every stakeholder be protected. Corporate Governance made information of companies transparent to be supervised. The data used in this cooperate governance research is all the public companies listed on TWSE(Taiwan Stock Exchange) in 2009-2011 . We used three dimensions and eleven independent variables, and management style as the control variables. In this study, we used the regression equation statistical methods to find out the relationship of Corporate Governance and Operating Performance. In the whole industry and the Control patterns of Single Family &; Non-single family, the empirical results indicated that Directors'' shareholding ratio, Foreign investors'' holding rate are all positively correlated. Therefore Companies through the pyramid structures and cross-shareholdings controlling interest are negative correlated.