The Influence of Corporate Governance and Information Transparency to Business Performance

碩士 === 國立高雄應用科技大學 === 財富與稅務管理系 === 105 === The purpose in the study is to discuss the influence of corporate governance and information transparency to business performance of the listed and OTC-listed companies in TWSE during 2006 to 2015. Corporate performance is measured by rate of return on asse...

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Bibliographic Details
Main Authors: Chen, Yi-Wen, 陳怡妏
Other Authors: Wang, Ching-Ping
Format: Others
Language:zh-TW
Published: 2017
Online Access:http://ndltd.ncl.edu.tw/handle/rgbpjw
Description
Summary:碩士 === 國立高雄應用科技大學 === 財富與稅務管理系 === 105 === The purpose in the study is to discuss the influence of corporate governance and information transparency to business performance of the listed and OTC-listed companies in TWSE during 2006 to 2015. Corporate performance is measured by rate of return on assets (ROA), return on shareholders' equity (ROE), earnings per share (EPS) and share price return (RET). The findings show that:(1)This evidence verified that the proportion of the directors and supervisors, institutional ownership, managerial stock ownership, information transparency and firm size toward ROA are significant positive correlation; the stock earnings deviation, supervisors’ shareholdings, board size and debt ratio toward ROA are significant negative correlation.(2)This evidence verified that the proportion of the directors and supervisors, institutional ownership, managerial stock ownership, information transparency and firm size toward ROE are significant positive correlation; the stock earnings deviation, supervisors’ shareholdings, board size and debt ratio toward ROE are significant negative correlation.(3)This evidence verified that the proportion of the institutional ownership, managerial stock ownership, independent director hold and firm size toward EPS are significant positive correlation; majority shareholders, directors and supervisors, stock earnings deviation, supervisors’ shareholdings, board size and debt ratio toward EPS are significant negative correlation.(4)This evidence verified that the proportion of the managerial stock ownership toward RET is significant positive correlation; independent director hold and firm size toward RET are significant negative correlation.