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題名 兩岸公司治理與經營績效之關聯性研究
作者 高渝涵
貢獻者 林良楓
高渝涵
關鍵詞 公司治理
經營績效
資料包絡分析法
日期 2007
上傳時間 11-九月-2009 17:27:57 (UTC+8)
摘要 本研究欲探討兩岸資訊科技產業之公司治理與經營績效之關聯性,運用資料包絡分析法評估西元2002至2006年兩岸公司之技術效率,並使用Tobit迴歸分析兩岸公司治理機制對其經營績效之影響。
     實證結果顯示:兩岸資訊科技產業分屬不同效率前緣,且台灣之技術效率優於大陸之技術效率。公司治理機制中,經理人持股率、國內機構法人持股率與獨立董事比例與台灣公司之經營績效呈正向顯著關係,國外機構法人持股率、淨董監事持股率與台灣公司之經營績效無顯著關係;國外機構法人持股率與大陸公司之經營績效呈正向顯著關係,國有股比例與大陸公司之經營績效呈負向以及倒U型之關係,經理人持股率、國內機構法人持股率與獨立董事比例與大陸公司之經營績效無關。董事長是否兼任總經理與兩岸公司之經營績效皆無顯著關係。
     
     關鍵字:公司治理、經營績效、資料包絡分析法
The purpose of this paper is to examine and compare the relationship between corporate governance and efficiency performance of Information Technology industry in Taiwan and Mainland China. We use DEA to measure the technical efficiency of company in Taiwan and Mainland China, and adopt tobit regression analysis to examine the variables which affect the efficiency performance
     The empirical results are summarized as follow. First, we find that the efficiency frontier of Taiwan and Mainland China are different, and the technical efficiency in Taiwan is better than Mainland China. Second, the management, domestic institutional investor’s shareholdings and the percentage of independent directors are significantly correlated with the performance of companies in Taiwan. The state-owned and foreign institutional investor’s shareholdings are significantly correlated with the performance of companies in Mainland China. Finally, the dual position of board chairman and presidency is not significantly correlated with the performance of companies in both Taiwan and Mainland China.
     
     Key words:corporate governance, performance, DEA.
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描述 碩士
國立政治大學
會計研究所
95353003
96
資料來源 http://thesis.lib.nccu.edu.tw/record/#G0095353003
資料類型 thesis
dc.contributor.advisor 林良楓zh_TW
dc.contributor.author (作者) 高渝涵zh_TW
dc.creator (作者) 高渝涵zh_TW
dc.date (日期) 2007en_US
dc.date.accessioned 11-九月-2009 17:27:57 (UTC+8)-
dc.date.available 11-九月-2009 17:27:57 (UTC+8)-
dc.date.issued (上傳時間) 11-九月-2009 17:27:57 (UTC+8)-
dc.identifier (其他 識別碼) G0095353003en_US
dc.identifier.uri (URI) https://nccur.lib.nccu.edu.tw/handle/140.119/30213-
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) 95353003zh_TW
dc.description (描述) 96zh_TW
dc.description.abstract (摘要) 本研究欲探討兩岸資訊科技產業之公司治理與經營績效之關聯性,運用資料包絡分析法評估西元2002至2006年兩岸公司之技術效率,並使用Tobit迴歸分析兩岸公司治理機制對其經營績效之影響。
     實證結果顯示:兩岸資訊科技產業分屬不同效率前緣,且台灣之技術效率優於大陸之技術效率。公司治理機制中,經理人持股率、國內機構法人持股率與獨立董事比例與台灣公司之經營績效呈正向顯著關係,國外機構法人持股率、淨董監事持股率與台灣公司之經營績效無顯著關係;國外機構法人持股率與大陸公司之經營績效呈正向顯著關係,國有股比例與大陸公司之經營績效呈負向以及倒U型之關係,經理人持股率、國內機構法人持股率與獨立董事比例與大陸公司之經營績效無關。董事長是否兼任總經理與兩岸公司之經營績效皆無顯著關係。
     
     關鍵字:公司治理、經營績效、資料包絡分析法
zh_TW
dc.description.abstract (摘要) The purpose of this paper is to examine and compare the relationship between corporate governance and efficiency performance of Information Technology industry in Taiwan and Mainland China. We use DEA to measure the technical efficiency of company in Taiwan and Mainland China, and adopt tobit regression analysis to examine the variables which affect the efficiency performance
     The empirical results are summarized as follow. First, we find that the efficiency frontier of Taiwan and Mainland China are different, and the technical efficiency in Taiwan is better than Mainland China. Second, the management, domestic institutional investor’s shareholdings and the percentage of independent directors are significantly correlated with the performance of companies in Taiwan. The state-owned and foreign institutional investor’s shareholdings are significantly correlated with the performance of companies in Mainland China. Finally, the dual position of board chairman and presidency is not significantly correlated with the performance of companies in both Taiwan and Mainland China.
     
     Key words:corporate governance, performance, DEA.
en_US
dc.description.tableofcontents 圖目錄 II
     表目錄 II
     第一章、 緒論 1
     第一節、 研究動機 1
     第二節、 研究目的與研究問題 4
     第三節、 研究架構 5
     第二章、 文獻探討 8
     第一節、 公司治理 8
     第二節、 公司治理與經營績效 15
     第三節、 績效衡量指標 21
     第三章、 研究方法 24
     第一節、 研究假說 24
     第二節、 資料來源與樣本選取 28
     第三節、 研究方法與變數定義 29
     第四章、 實證結果與分析 40
     第一節、 投入變數與產出變數之關係 40
     第二節、 兩岸資產科技產業之技術效率 41
     第三節、 效率值敘述統計量 44
     第四節、 公司治理變數敘述統計量 47
     第五節、 共線性檢定 48
     第六節、 Tobit迴歸分析 50
     第七節、 敏感性分析 56
     第五章、 結論與建議 59
     第一節、 結論 59
     第二節、 研究限制 61
     第三節、 研究建議 62
     參考文獻 64
     圖目錄
     圖1-1 台灣對外投資統計 3
     圖1-2 台商對中國大陸投資統計 3
     圖1-3 研究流程圖 7
     圖3-1 Farrel模型 30
     圖3-2 CCR與BBC之效率邊界 33
     圖3-3 交叉效率前緣 35
     表目錄
     表2-1 中國大陸股權結構 13
     表3-1 研究假說彙整表 27
     表4-1 投入產出變數之相關係數矩陣 39
     表4-2 於各自效率前緣及共同效率前緣下之技術效率值比較 40
     表4-3 於各自效率前緣下之及交叉效率前緣下之技術效率值比較 41
     表4-4-1 大陸樣本之F統計值 42
     表4-4-2 台灣樣本之F統計值 42
     表4-5-1 大陸樣本之效率值敘述統計量 44
     表4-5-2 台灣樣本之效率值敘述統計量 45
     表4-6 公司治理變數之敘述統計量 46
     表4-7 變數之相關係數矩陣 48
     表4-8-1 變異數膨脹係數表-大陸樣本 49
     表4-8-2 變異數膨脹係數表-台灣樣本 49
     表4-9-1 Tobit迴歸結果-大陸樣本 50
     表4-9-2 Tobit迴歸結果-台灣樣本 51
     表4-10-1 敏感性分析-大陸樣本 56
     表4-10-2 敏感性分析-台灣樣本 57
     表5-1 實證結果彙整表 58
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dc.language.iso en_US-
dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G0095353003en_US
dc.subject (關鍵詞) 公司治理zh_TW
dc.subject (關鍵詞) 經營績效zh_TW
dc.subject (關鍵詞) 資料包絡分析法zh_TW
dc.title (題名) 兩岸公司治理與經營績效之關聯性研究zh_TW
dc.type (資料類型) thesisen
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