| Summary: | 碩士 === 國立中興大學 === 財務金融學系所 === 104 === Nowadays more and more Taiwanese students tend to study and learn overseas. This phenomenon can be pictured by the interviews. Managers prefer to choose those who study in the professional field and higher education. From this aspect, companies would keep their career sustainable development. Therefore, this study is discussing about the relations between corporate boards with overseas education and business performance. The time period is from 2007 to 2014, all of the enterprises are selected from Taiwan. By manual-screening, those foreign educations would be important variable. Using the ordinary least square method regression, we are going to detect whether the corporate boards with overseas education and their companies’ financial performance have positive impact. In addition, when accessing the market value of enterprises, adding some cross terms to strength the explanatory power of decision-makers with the positive influence of educational background. Then, as for the companies’ performance, we decide to separate the industry into two states, first is electronic industry and the other is non-electronic industry doing the research. The empirical results show that corporate boards with overseas qualifications and company financial data presented significant correlations. Also, corporate boards with overseas educational background have a positive correlation explanatory power with long-term business performance. Through point of view, corporate boards overseas qualifications contribute to long-term business operations. Industry data from other displays in different industries does affect overseas qualifications for directors, supervisors and company management performance, in non-electronic information industry is significant and show better. As a result, we conclude that in this study, overseas qualifications of corporate boards in different industry indicate different operating performances.
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