An Empirical Study of the Relationship among Ownership Structure of Board and Insider Characteristic - Evidence from Taiwan IT Industries.

• Main Authors: Kun Yu Lin, 林坤裕
• Other Authors: Yu-Chung Hung
• Format: Others
• Language: zh-TW
• Published: 2015
• Online Access: http://ndltd.ncl.edu.tw/handle/5h9224

碩士 === 國立中正大學 === 會計與資訊科技研究所 === 103 === Taiwan recently has undergone serious events, including financial reforms and the global financial crisis. These two events made both global and Taiwanese financial market environment changed significantly. A series of financial tsunamis cause ardently discussion about the issue of corporate governance. Thus, this study aims to investigate the relationship among the ownership structure of board and the insider characteristic, and takes Taiwan IT industries for example, beginning with the internal corporate governance, researching the effect of the checks and balances between the board of directors and the manager to company performance, surveying the whole performance of Taiwan IT industries. The researching period is from 2008 to 2012, five years after the financial tsunami. The result of this study is that the scale of the board of directors, the average salaries of the directors, the ratio of corporate shareholding, the number of the directors serving as manager, the term of office of the insider and the educational level of the manager present positive correlation with company performance. The ratio of the board of directors, the ratio of the independent directors in the board of directors and the educational level of the manager (senior high school, vocational school and others) present negative correlation with company performance. According to the results above, the company performance can be enhanced by the ownership structure of board and insider characteristic.