| Summary: | 碩士 === 大葉大學 === 管理學院碩士在職專班 === 105 === This study discusses the relationship between corporate governance and corporate performance in Taiwan industry. The research sample objects are domestic listed companies and OTC companies in the ng business in 1996 to 2015. We divide the sample into the question marks, star, cash cows and dog four categories by BCG matrix We use descriptive statistics, correlation coefficient analysis, and regression analysis to probe the relationship between the ownership structure and board characteristics of corporate governance and corporate performance in the shipping business.
This research finds variables of corporate governance such as the ratio of managerial ownership, the shares of board directors, the shares of institutional investor, company scale, family business, the ratio of outside director, and chairman served CEO have positive relationship with corporate performance. However, the pledged share ratio of directors, liability ratio, the number of board directors have negative relationship with corporate performance. In closing for the sake of avoiding the impact of bad corporate governance on corporate performance, we should increase the ratio of managerial ownership, the shares of board directors and institutional investor so on to enhance company management in order to avoid financial distress because of bad operating performance and furthermore to achieve the goal of corporate governance.
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