A Research of the Relationship between Corporate Governance and Management Performace
| Autor: | Hsiang-Ling Lin, 林湘玲 |
|---|---|
| Rok vydání: | 2007 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 95 This study is based on the structure of public companies’ system review of China Company Management Association with the corporate governace records and practical experience. Studied on sampling a total of 298 public electronic companies in the 2005, and used Structure Equation Model as a base for reviewing both of target and structure phase of the corporate governace and further explored the consequences affected by the company’s performance. This research is analysed with seven variances, shareholder’s structure, internal shareholders, board of directors (supervisors) function, stockholders’ rights, information exposed transparency, management’s discipline to the influence of managment performance correctly. Conclusion of my study is as follows: --Regarding the influence on management performace, the shareholder’s rights are highest than the others, secondly it is the shareholder’s structure, the third is the management’s discipline, the fourth is the board of directors (supervisors) function; but the internal shareholders and the information exposed transparency unobviously influence to management performance. -- The internal factor (board of directors function / stockholders’ rights / information exposed transparency / management’s discipline ) obviously influence on the company’s managment performance, and be greater than the external factor (shareholder’s structure / internal shareholders) on it. --In the internal factor, the discipline would be even more affected if changing personnel frequency on special manages and directors / supervisors. This study results also revealed whatever seating of the independent or the non-independend directors(supervisors) reflected negative operating performance and it would cause unfavorable influence to the operating performance if more seating involved. -- It doesn't obviously affect the performance of managing to disclose for information, the company information which investors take from the market in which is unable to judge the management performance of this company, and Taiwan’s stock market does not pay that much attention to reveals information at present, this still needs to be improved continuely, not only to follow the government regulations. Suggestion of my study is as follows: --Advising the company should pay attention to the policy of the shareholder’s right related, avoid too much seating of the directors (supervisors) and enhance the function of the directors. While the enterprise choose manager must be discreet. --Advising the government to strengthen the function of the supervisory system that the listed company pay attention to the execution of the law, and increase the proportion of the board of directors function that the board of directors be fully enforce of the supervised function. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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