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系統識別號 U0026-1907201609153000
論文名稱(中文) 審計委員會特性與公司治理對公司績效之關聯性分析-以台灣資訊與電子產業為例
論文名稱(英文) A Study of the Relationship Among Audit Committee, Corporate Governance and Corporate Performance in Taiwan’s Information and Electronic Industry
校院名稱 成功大學
系所名稱(中) 高階管理碩士在職專班(EMBA)
系所名稱(英) Executive Master of Business Administration (EMBA)
學年度 104
學期 2
出版年 105
研究生(中文) 王承永
研究生(英文) Cheng-Yung Wang
學號 R07034592
學位類別 碩士
語文別 中文
論文頁數 78頁
口試委員 指導教授-胡聯國
口試委員-蔡明田
口試委員-康信鴻
口試委員-莊雙喜
中文關鍵字 公司治理  審計委員會組成特性  經營績效 
英文關鍵字 Corporate Governance  Auditing Committee Composition  Company Performance 
學科別分類
中文摘要 資訊電子業目前在台灣高科技的產業中,最受大眾注目與關心,根據2015年內政部統計處資料顯示,職是之故,過去近二十年來,資訊與電子業的高成長率與資本累積、成長率快速增加有著密切的關係。加以,近期電子資訊業企業內部弊端問題層出不窮,本研究認為,關切公司審計委員會的特性以及公司治理對於企業經營績效是重要的。
本研究採量化分析的方式進行研究,透過TEJ資料庫選取近兩年(2014年以及2015年)台灣電子資訊產業的公司,並以審計委員會組成特性、公司治理以及公司績效三個構面進行研究分析,在量化的回歸分析中,將資本額設定為控制變數;本研究發現影響公司治理之審計委員會特性,其相關程度最高的是審計委員會成員的兼任比率;至於審計委員會特性對公司績效之影響,本研究發現審計委員會成員參與會議比率對股東權益報酬率(ROE)與Tobin’s Q有正向顯著影響,審計委員會成員專業度對市值帳面價值比(MB)有正向顯著影響。
另發現公司治理確實能影響公司績效,整體來說,公司治理與公司績效的三個次構面(股東權益報酬率、市值帳面價值比、Tobin’s Q)相關程度都比較高,其中對Tobin’s Q相關程度最高;至於審計委員會成員的兼任比率對公司績效的三個次構面皆有正向顯著影響。
英文摘要 Among high-tech industries in Taiwan, information and electronic industries are paid the most attention by Taiwanese public. This research has researched data from the past two decades of studies and found out that the rapid growth of information and electronic industries in Taiwan has been strongly correlated to the high economic growth. However, reports of scandals and corruptions are rife among electronic and information technologies firms in Taiwan recently , and this research believed that paying attention to the characters of auditing committee and the companies' governance is important for improving the performance of business operations. According the literature review, the new evaluation system practiced by the current Taiwanese auditing committee has definite effect on Taiwanese companies' performances. Hence, this research sought to understand the influences on companies' performance held by characters of auditing committee and companies' evaluation system.
This research uses quantitative analysis method to conduct experiments and made capital the controlled variable. Through TEJ database, this research selected 2014 and 2015 information regarding electronic and informational technology firms in Taiwan. Overall speaking, the busy activities of auditing committee have moderate correlation with companies' governance; for relationships between company governance and company performance, the correlation is Tobin's Q , which means, when auditing committee's activities and workload increase, companies' governance will also increase as well as the Tobin's Q scores on company's performance.
論文目次 中文摘要 I
Extended Abstract II
誌謝 V
目錄 VI
第壹章、緒論 1
第一節、研究背景與動機 1
第二節、研究架構 4
第三節、研究流程 6
第貳章、文獻探討 8
第一節、台灣審計委員會相關意涵 8
一、審計委員會制度概述與發展沿革 8
二、審計委員會設置與組成 10
三、審計委員會職責 11
四、審計委員會特性 13
五、審計委員會之困境 15
第二節、公司治理 17
一、公司治理意義 17
二、公司治理的理論背景 20
三、台灣公司治理評鑑 23
第三節、經營績效 30
一、經營績效意義 30
二、經營績效評估方式 30
三、公司治理與經營績效 32
第四節、小結 35
第參章、研究方法 37
第一節、研究設計 37
第二節、實證模型 39
第肆章、資料分析 46
第一節、敘述性統計分析 46
第二節、相關性分析 52
第三節、迴歸分析 54
第伍章、結論 63
參考文獻 66
附錄 73
附錄一:公司治理分數運算 73
附錄二:迴歸分析衍生運算 74
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