Please use this identifier to cite or link to this item: http://hdl.handle.net/11455/92413
標題: 董事會結構對財務資訊揭露與績效的影響
How does The Board Structure's Influence on The Relationship between Financial Information Disclosure and Performance
作者: LIM KANG YEE
林剛宇
關鍵字: 家族企業;非家族企業;董事會結構;公司績效;財務資訊揭露;family owned company;non-family owned company;board structure;company performance;financial information disclosure
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摘要: 
本研究實證探討台灣的上市家族與非家族公司的董事會結構對財務資訊揭露與績效間之關聯性,采用證券暨期貨市場發展基金會在2007年至2013年間所評的台灣上市櫃公司爲樣本,並以OLS迴歸分析,探討董事會結構對財務資訊揭露與績效之影響。實證結果發現,不論是家族或是非家族企業,董事規模越大,越會帶來負面的績效;而董事的持股比率越高,會提升公司的績效。獨立董事可以提升企業的績效,但在家族企業裏,獨立董事就比較沒辦法發揮它該有的功能。而在探討財務資訊的揭露方面,獨立董事雖會提升揭露程度,但如果把家族企業和非家族企業的因素分開探討的話,我們發現獨立董事在非家族企業是正向顯著的關係,但在家族企業確是負向顯著的關係。

This paper empirical studied how does the board structure's influence on the relationship between financial information disclosure and performance with control of family firm factor. The samples are the listed companies in Taiwan which based on the assessment of the Securities and Futures Institute for the years 2007 until 2013. In order to determine the correlation between the independence and board size with the companies' performance and financial information disclosure, OLS-regression analysis was used to analyze. Results showed that there are negative correlation between the board size and the company's performance both in family- or non-family owned firms. We also found that the more holding share by directors the better company's performance. On the other hand, independent directors can enhance the company's performance and financial information disclosure but this phenomenon not exist in family-owned companies.
URI: http://hdl.handle.net/11455/92413
其他識別: U0005-2906201517011900
Rights: 同意授權瀏覽/列印電子全文服務,2016-07-02起公開。
Appears in Collections:財務金融學系所

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