Research on the Relationship between Corporate Integrity Management and Illegal Behavior

• Main Authors: Li-Tzu Wang, 王麗姿
• Other Authors: 劉若蘭
• Format: Others
• Language: zh-TW
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/3h2zws

碩士 === 國立臺中科技大學 === 會計資訊系碩士班 === 107 === This study examines the relationship between the disclosure of the corporate integrity code and the incidence of illegal act in a sample of firms listed on the Taiwan Stock Exchange for the 2015-2017 period. The empirical results find that the disclosure of the integrity code has no effect on incidence of illegal act. However, according to individual annual results, the firms with integrity code has lower probability of illegal act in year 2015, which the first year of Financial Supervisory Commission required firms to comply, and there is no effect in the subsequent years. The results imply that only the first year the authority require firms to disclosure integrity code can reduce the occurrence of illegal act. In addition, firms audited by top-4 auditing firms have lower incidence of illegal act.