Please use this identifier to cite or link to this item: http://hdl.handle.net/11455/92380
標題: 公司治理與企業存續期間之研究
The Study of Corporate Governance and Duration
作者: Wang, Kuan-Wen
王冠文
關鍵字: 公司治理;董監事;存活分析;存續期間模型;corporate governance;Directors;survival analysis;duration model
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An analysis of second time around bankruptcies using a split-population duration model. Journal of Empirical Finance, 8, pp.201-218. Cole, R. A., and Gunther, J. W., 1995. Seperating the Likelihood and Timing of Bank Failure. Journal of Banking and Finance, 19, No.6, pp.1073-1089. Collins, J. and Morten, T. H.,2011. Great by Choice, Published by arrangement with Curtis Brown Ltd. Cox, D. R., 1972, Regression Models and Life-Tables, Journal ofthe Royal Statistical Society,Series B, 34, No.2, pp.187-220. Chi, W. and Huang, H., 2005. Discretionary Accruals, Audit-Firm Tenure and Audit-Partner Tenure- Empirical Evidence from Taiwan. Journal of Contemporary Accounting and Economics, 1, No.1, pp.65-92. Daily, C. M. and Dalton, D. R., 1994. Bankruptcy and corporate governance: the impact of board composition and structure. Academy of Management Journal, 37, No.6,pp.1603-1617. Davis, L. R., Soo, B. and Trompeter, G., 2003. 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Journal of Financial Economics, 44, pp.229-250. 網路文獻 Duration Model https://files.nyu.edu/mrg217/public/introduction.pdf 台灣經濟新報資料庫,TEJ http://www.tej.com.tw/twsite/Default.aspx 晨晰部落格 http://dasanlin888.pixnet.net/blog/post/34468877 airiti Library 華藝線上圖書館 http://www.airitilibrary.com/Home/Index MBA 智庫百科 http://wiki.mbalib.com/wiki/%E9%A6%96%E9%A1%B5
摘要: 
本研究利用存活分析(Survival Analysis)發展出的存續期間模型(Duration Model),採用公司治理變數,分析並探討公司治理對於企業存續期間之影響,觀察期由臺灣開放上市櫃迄今,且涵蓋不同產業,與以往針對特定產業進行分析之文獻相較下,此研究改為較縱觀之角度衡量企業共同需要注意之變數,以利於任何規模之企業,皆能夠針對幾項顯著因素改善公司營運情況。實證結果發現公司治理變數對於企業存續期間來說具有顯著影響,董監事持股比率及更換會計師事務所呈現負相關,獨立董監事席次、更換高階經理人及更換會計師頻率則呈現正相關。

This study mainly discusses how corporate governance affects survivalship during the observation period. Adopt corporate governance variables to analyze and discuss the impact of corporate governance for corporate survival period, the observation period will be the company that ever listed in Taiwan so far, and covering different industries. Comparing with previous literature that only concentrate in some specific industries, our research overview the all industries and provides noticeable factors that are able to improve the operating situation for all companies in different industries.
Empirical results show that corporate governance variables have a significant impact during the corporate existence. Furthermore, the directors' shareholding ratio and the replacement of the accountants firm present a negative correlation with the existence period of a firm. Independent directors and supervisors seats, the replacement of senior managers and accountants are presented positively related to the duration.
URI: http://hdl.handle.net/11455/92380
其他識別: U0005-1305201511172100
Rights: 不同意授權瀏覽/列印電子全文服務
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