| dc.contributor.advisor | 郭弘卿 | zh_TW |
| dc.contributor.author (Authors) | 邱素芬 | zh_TW |
| dc.creator (作者) | 邱素芬 | zh_TW |
| dc.date (日期) | 2006 | en_US |
| dc.date.accessioned | 11-Sep-2009 17:26:27 (UTC+8) | - |
| dc.date.available | 11-Sep-2009 17:26:27 (UTC+8) | - |
| dc.date.issued (上傳時間) | 11-Sep-2009 17:26:27 (UTC+8) | - |
| dc.identifier (Other Identifiers) | G0094353020 | en_US |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/30199 | - |
| dc.description (描述) | 碩士 | zh_TW |
| dc.description (描述) | 國立政治大學 | zh_TW |
| dc.description (描述) | 會計研究所 | zh_TW |
| dc.description (描述) | 94353020 | zh_TW |
| dc.description (描述) | 95 | zh_TW |
| dc.description.abstract (摘要) | 我國於2006年1月11日修正公布證券交易法，正式引進獨立董事及審計委員會制度。國內設置獨立董事制度時間尚短，正處於持續探索與完善的階段。不僅各界學者對此改革有不同看法，其實行效果亦有待檢驗。對於國內獨立董事制度未來將會如何發展，是否能夠發揮監督力量，仍有待觀察。 本研究以2001年至2005年之上市公司為研究對象，透過t檢定與迴歸模型分析我國獨立董事制度與監督績效之關係；檢視法令賦予獨立董事之職責是否確能發揮，並探討主管機關於2002年起積極鼓勵公司設置獨立董事是否對公司監督機制造成結構性改變。實證結果發現，獨立董事對公司重大事項能發揮監督功能，惟監督績效未如預期明顯，需有強化監督之必要；此外，公司監督機制於該制度實施前後存在結構性改變，此改變於制度實施當年度最顯著，之後隨著制度開始實施而逐漸縮小改變差距。 | zh_TW |
| dc.description.abstract (摘要) | The newly amended Securities and Exchange Law has stipulated the set up of independent directors and audit committee on January 11, 2006 in Taiwan. The set up of the system is only for a short time and continues to explore with the implementation. There are different views on the reform, and the efficiency has to be tested. The future development and oversight function of independent directors are needed to observe. This study examines the relationship of independent directors and monitoring effectiveness by using a sample of listed companies from 2001 to 2005. Whether the responsibilities under the Act are executed, and if there are structural changes because authorities encourage the initial public offerings set up independent directors since 2002. The results show that independent directors can play a major oversight function on major company matters, but monitoring effectiveness is not significant as expected and needs to strengthen it. In addition, there are structural changes before and after the implementation of policies, and it is most significant in 2002, after gradually smaller with time. | en_US |
| dc.description.tableofcontents | 第一章 緒論 1 第一節 研究背景與動機 1 第二節 研究目的 3 第三節 研究問題 3 第四節 研究架構 3 第二章 文獻探討 5 第一節 代理理論 5 第二節 股權結構 6 第三節 公司治理機制 8 第四節 董事會組成 13 第三章 研究方法 16 第一節 研究假說 16 第二節 實證模型 18 第三節 變數衡量 22 第四節 資料來源與樣本選取 29 第四章 實證結果與分析 32 第一節 敘述性統計分析 32 第二節 迴歸結果分析 38 第三節 敏感性分析 47 第五章 結論與建議 61 第一節 研究結果與貢獻 61 第二節 研究限制 64 第三節 研究建議 65 參考文獻 66 圖目錄 圖3-1 實證架構 28 圖3-2 整體樣本產業分布曲線圖 31 表目錄 表2-1 代理理論之主要內容 6 表3-1 變數名稱暨定義彙總表 20 表3-2 整體樣本產業分布情形 31 表4-1 整體樣本各研究變數之敘述統計量 34 表4-2 整體樣本各研究變數之皮爾森相關係數矩陣 35 表4-3 整體樣本各研究變數之VIF值 37 表4-4 各分群中以獨立董事分組之t檢定結果 42 表4-5 獨立董事與代理成本之迴歸結果 44 表4-6 獨立董事模型下結構性改變之檢驗結果 46 表4-7 各分群中以外部董事分組之t檢定結果 51 表4-8 外部董事與代理成本之迴歸結果 53 表4-9 外部董事模型下結構性改變之檢驗結果 55 表4-10 電子業各分群中以獨立董事分組之t檢定結果 56 表4-11 電子業獨立董事與代理成本之迴歸結果 58 表4-12 電子業獨立董事模型下結構性改變之檢驗結果 60 | zh_TW |
| dc.language.iso | en_US | - |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0094353020 | en_US |
| dc.subject (關鍵詞) | 獨立董事 | zh_TW |
| dc.subject (關鍵詞) | 監督績效 | zh_TW |
| dc.subject (關鍵詞) | 結構性改變 | zh_TW |
| dc.subject (關鍵詞) | independent directors | en_US |
| dc.subject (關鍵詞) | monitoring effectiveness | en_US |
| dc.subject (關鍵詞) | structural changes | en_US |
| dc.title (題名) | 我國獨立董事制度與法令環境之關聯性研究 | zh_TW |
| dc.type (資料類型) | thesis | en |
| dc.relation.reference (參考文獻) | 中文部分： | zh_TW |
| dc.relation.reference (參考文獻) | 李亭誼，2003，董事身分特性與董監經理人相關資訊揭露程度關係之研究，國立政治大學會計學系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 吳宗翰，2005，外部董監事對公司價值之影響－以企業規模之門檻效果分析，國立臺北科技大學商業自動化與管理學系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 邱正仁、熊大中與高蘭芬，2002，股權質押與財務危機關聯性之研究，中華會計學刊，第三卷，第1期：79-111。 | zh_TW |
| dc.relation.reference (參考文獻) | 許加昂，2000，董監質押比率與公司經營績效、融資政策、股利政策關聯性之研究，國立台灣大學會計學系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 許崇源、陳瑞斌與翁慈青，2005，公司治理結構對於資訊透明度之影響，2005年台灣財務金融學會年會暨學術論文研討會。 | zh_TW |
| dc.relation.reference (參考文獻) | 戚務君與馬瑜震，2004，我國獨立董事以及獨立監察人制度對異常應計影響之研究，金融風險管理季刊，第一卷，第1期：35-60。 | zh_TW |
| dc.relation.reference (參考文獻) | 葉銀華、李存修與柯承恩，2002，公司治理與評等系統，台北：商智文化。 | zh_TW |
| dc.relation.reference (參考文獻) | 楊文慶，1994，集團企業間非常規交易之類型，律師通訊，第174期（3月）：48-54。 | zh_TW |
| dc.relation.reference (參考文獻) | 楊明佳，2002，論我國股份有限公司內部監控設計之改造—以公司監控理論為中心，國立台北大學法律學系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 楊宜璋，2006，論我國股份有限公司內部監察制度之改造－以獨立董事為中心，國立政治大學法律學系碩士論文。 | zh_TW |
| dc.relation.reference (參考文獻) | 劉連煜，2006，公開發行公司董事會、監察人之重大變革—證券交易法新修規範引進獨立董事與審計委員會之介紹與評論，臺灣本土法學雜誌，第79期（2月）：320-329。 | zh_TW |
| dc.relation.reference (參考文獻) | 賴英照，2006，股市遊戲規則－最新證券交易法解析，台北：賴英照。 | zh_TW |
| dc.relation.reference (參考文獻) | 英文部分： | zh_TW |
| dc.relation.reference (參考文獻) | Agrawal, A. 1990. Large shareholders and the monitoring of managers: the case of antitakeover charter amendments. Journal of Financial and Quantitative Analysis 25 (June): 143-161. | zh_TW |
| dc.relation.reference (參考文獻) | Alderfer, C. P. 1986. The invisible director on corporate boards. Harvard Business Review 64 (November/December): 38-52. | zh_TW |
| dc.relation.reference (參考文獻) | Ang, J. S., R. A. Cole, and J. W. Lin. 2000. Agency costs and ownership structure. Journal of Finance 55 (February): 81-106. | zh_TW |
| dc.relation.reference (參考文獻) | Beasley, M. S. 1996. An empirical analysis of the relation between the board of director composition and financial statement fraud. The Account Review 71 (October): 443-465. | zh_TW |
| dc.relation.reference (參考文獻) | Berle, A. A., and G. C. Means. 1932. The modern corporation and private property. New York: Macmillan. | zh_TW |
| dc.relation.reference (參考文獻) | Bhagat, S., and B. Black. 2002. The non-correlation between board independence and long-term firm performance. Journal of Corporation Law 27 (winter): 231-274. | zh_TW |
| dc.relation.reference (參考文獻) | Brickley, J. A., J. L. Coles, and R. L. Terry. 1994. Outside directors and the adoption of poison pills. Journal of Financial Economics 35 (June): 371-390. | zh_TW |
| dc.relation.reference (參考文獻) | Byrd, J. W., and K. A. Hickman. 1992. Do outside directors monitor managers? evidence from tender offer bids. Journal of Financial Economics 32(October): 195-221. | zh_TW |
| dc.relation.reference (參考文獻) | Chen, Y., and S. Y. Hu. 2002. The controlling shareholders’ personal stock loan and firm performance. Proceedings of the 2002 NTU International Conference on Finance. Taipei, Nation Taiwan University. | zh_TW |
| dc.relation.reference (參考文獻) | Chow, G. C. 1960. Tests of equality between sets of coefficients in two linear regressions. Econometrica 28 (July): 591-605. | zh_TW |
| dc.relation.reference (參考文獻) | Core, J. E., R. W. Holthausen, and D. F. Larcker. 1999. Corporate governance, chief executive officer compensation, and firm performance. Journal of Financial Economics 51 (March): 371-406. | zh_TW |
| dc.relation.reference (參考文獻) | Dechow, P. M., R. Sloan, and A. Sweeny. 1996. Causes and consequences of earnings manipulation: an analysis of firms subject to enforcement actions by the SEC. Contemporary Accounting Research 13 (Spring): 1-36. | zh_TW |
| dc.relation.reference (參考文獻) | Demsetz, H., and K. Lehn. 1985. The structure of corporate ownership: causes and consequences. Journal of Political Economy 93 (December): 1155-1177. | zh_TW |
| dc.relation.reference (參考文獻) | Eisenhardt, K. M. 1989. Agency theory: an assessment and review. Academy of Management Review 14 (January): 57-74. | zh_TW |
| dc.relation.reference (參考文獻) | Fama, E. F. 1980. Agency problems and the theory of the firm. Journal of Political Economy 88 (April): 288-307 | zh_TW |
| dc.relation.reference (參考文獻) | _________, and M. C. Jensen. 1983. Separation of ownership and control. Journal of Law Economics 26 (June): 301-325. | zh_TW |
| dc.relation.reference (參考文獻) | Friend, I., and L. H. P. Lang. 1988. An empirical test of the impact of managerial self-interest on corporate capital structure. Journal of Finance 43 (June): 271-281. | zh_TW |
| dc.relation.reference (參考文獻) | Gilson, S. C. 1990. Bankruptcy, boards, banks, and blockholders: evidence on changes in corporate ownership and control when firms default. Journal of Financial Economics 27 (October): 355-387. | zh_TW |
| dc.relation.reference (參考文獻) | Hermalin, B. E., and M. S. Weisbach. 1991. The effects of board composition and direct incentives on firm performance. Financial Management 20 (Winter): 101-112. | zh_TW |
| dc.relation.reference (參考文獻) | Ho, S. S. M., and K. S. Wong. 2001. A study of the relationship between corporate governance structures and the extent of voluntary disclosure. Journal of International Accounting, Auditing and Taxation 10 (Summer): 139-156. | zh_TW |
| dc.relation.reference (參考文獻) | Hughes J. P., L. J. Mester, and C. G. Moon. 2001. Are scale economics in banking elusive or illusive? Evidence obtained by incorporating capital structure and risk-taking into models of bank production. Journal of Banking and Finance 25 (December): 2169-2208. | zh_TW |
| dc.relation.reference (參考文獻) | Jensen, G. R., D. P. Solberg, and T. S. Zorn. 1992. Simultaneous determination of insider ownership, debt, and dividend policies. Journal of Financial and Quantitative Analysis 27 (June): 247-264. | zh_TW |
| dc.relation.reference (參考文獻) | Jensen, M. C. 1993. The modern industrial revolution, exit and the failure of internal control systems. Journal of Finance 48 (July): 831-880. | zh_TW |
| dc.relation.reference (參考文獻) | ___________, and W. H. Meckling. 1976. Theory of the firm: managerial behavior, agency cost, and ownership structure. Journal of Financial Economics 3 (October): 305-360. | zh_TW |
| dc.relation.reference (參考文獻) | ___________, and R. S. Ruback. 1983. The market for corporate control: the scientific evidence. Journal of Financial Economics 11 (April): 5-50. | zh_TW |
| dc.relation.reference (參考文獻) | Johnson, J. L., C. M. Daily, and A. E. Ellstrand. 1996. Boards of directors: a review and research agenda. Journal of Management 22 (June): 409-438. | zh_TW |
| dc.relation.reference (參考文獻) | Khanna, T., and K. Palepu. 2000. Is group affiliation profitable in emerging markets? an analysis of diversified indian business groups. Journal of Finance 55 (April): 867-891. | zh_TW |
| dc.relation.reference (參考文獻) | Kigeja, S. 1989. Agency theory problems and their catalytic impact of the formulation of an organization’s financial management financing policies. U-M-I. | zh_TW |
| dc.relation.reference (參考文獻) | Klein, A. 2006. Audit Committee, board of director characteristics, and earnings management. Research paper, New York University of Law. | zh_TW |
| dc.relation.reference (參考文獻) | Leland, H. E., and D. H. Pyle. 1977. Informational asymmetries, financial structure and financial intermediation. Journal of Finance 32 (May): 371-387. | zh_TW |
| dc.relation.reference (參考文獻) | Morck, R., A. Shleifer, and R. W. Vishny. 1988. Management ownership and market valuation: an empirical analysis. Journal of Financial Economics 20 (March): 293-315. | zh_TW |
| dc.relation.reference (參考文獻) | Oswald, S. L., and J. S. Jahera. 1991. The influence of ownership on performance: an empirical study. Strategic Management Journal 12 (May): 321-326. | zh_TW |
| dc.relation.reference (參考文獻) | Peasnell, K. V., P. F. Pope, and S. E. Young. 2005. Board monitoring and earnings management: do outside directors influence abnormal accruals? Journal of Business Finance and Accounting 32 (September): 1311-1346. | zh_TW |
| dc.relation.reference (參考文獻) | Singh, M., and W. N. Davidson. 2003. Agency cost, ownership structure and corporate governance mechanisms. Journal of Banking and Finance 27 (May): 793-816. | zh_TW |
| dc.relation.reference (參考文獻) | Smith, C. W., and R. M. Stulz. 1985. The determinants of firms’ hedging policies. Journal of Financial and Quantitative Analysis 20 (December): 391-405. | zh_TW |
| dc.relation.reference (參考文獻) | ___________, and R. L. Watts. 1992. The investment opportunity set and corporate financing, dividends, and compensation policies. Journal of Financial Economics 32 (August): 263-292. | zh_TW |
| dc.relation.reference (參考文獻) | Stiroh, K. J. 2000. How did bank holding companies prosper in the 1990s? Journal of Banking and Finance 24 (November): 1703-1745. | zh_TW |
| dc.relation.reference (參考文獻) | Uzun H., S. H. Szewczyk, and R. Varma. 2004. Board composition and corporate fraud. Financial Analysts Journal 60 (May/June): 33-43. | zh_TW |
| dc.relation.reference (參考文獻) | Weisbach, M. S. 1988. Outside directors and CEO turnover. Journal of Financial Economics 20 (January): 431-460. | zh_TW |
| dc.relation.reference (參考文獻) | Xie, B., W. N. Davidson, and P. J. DaDalt. 2003. Earnings management and corporate governance: the role of the board and the audit committee. Journal of Corporate Finance 9 (June): 295-316. | zh_TW |
