| dc.contributor.advisor | 屠美亞 | zh_TW |
| dc.contributor.author (作者) | 錢珮瑩 | zh_TW |
| dc.creator (作者) | 錢珮瑩 | zh_TW |
| dc.date (日期) | 2010 | en_US |
| dc.date.accessioned | 29-九月-2011 16:47:47 (UTC+8) | - |
| dc.date.available | 29-九月-2011 16:47:47 (UTC+8) | - |
| dc.date.issued (上傳時間) | 29-九月-2011 16:47:47 (UTC+8) | - |
| dc.identifier (其他 識別碼) | G0098357020 | en_US |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/50824 | - |
| dc.description (描述) | 碩士 | zh_TW |
| dc.description (描述) | 國立政治大學 | zh_TW |
| dc.description (描述) | 財務管理研究所 | zh_TW |
| dc.description (描述) | 98357020 | zh_TW |
| dc.description (描述) | 99 | zh_TW |
| dc.description.abstract (摘要) | 債權人在考量借款給公司所面臨的風險時，不只應考慮公司過去信用狀況，更須了解一家公司之公司治理對於未來現金流量穩定性有相當的影響力，故本研究探討公司治理對信用風險之影響，檢視良好的公司治理是否比較差的公司治理擁有較佳之信用風險評等。 研究發現，在控制公司特性之後，信用風險評等和十大股東持股比例、集團企業與否呈現負相關，顯示十大股東持股比例高與公司為集團企業時信用風險評等表現較差；與法人持股比例、經理人持股比例、資訊揭露透明度、獨立監察人比例、董事會持股比例呈現正相關，顯示法人持股、經理人持股、資訊揭露透明度、獨立監察人與董事會持股等比例的提高時有助於信用風險評等提升。 公司若提升公司治理，將擁有較良好的信用風險評等，債權人會因不確定性的減少而要求較低之必要報酬率，同樣減輕了企業的債務負擔，但有許多公司並未因此而加強其公司治理制度。研究中發現，當獨立董事比例低與董事會持股比例低時，平均董監薪酬水準顯著較高，可見在公司治理較差時，董監反而得到較高之薪酬，解釋了公司治理機制無法完善的原因。 | zh_TW |
| dc.description.tableofcontents | 第壹章 緒論 1 第一節 研究動機 1 第二節 研究目的 4 第三節 研究架構 5 第貳章 文獻探討 6 第一節 公司治理 6 一、 代理問題 6 二、 公司治理機制 8 第二節 信用評等 14 一、 信用評等 14 二、 公司治理與信用評等之關聯性 17 第三節 董監酬勞 18 第參章 研究設計 22 第一節 研究假說 22 一、 公司治理對信用風險之影響 22 二、 公司治理對董監薪酬之影響 26 第二節 研究樣本與資料來源 30 第三節 研究變數選擇與說明 30 第四節 研究方法 36 第肆章 實證結果分析 41 第一節 敘述統計 41 第二節 相關性分析 45 第三節 迴歸分析 47 一、 次序羅吉特迴歸模型(Ordered Logit Model)－公司治理對信用風險之影響 47 二、 普通最小平方法(Ordinary Least Square Method, OLS)－公司治理對董監酬勞之影響 52 第四節 實證結果彙總 57 第伍章 結論及建議 60 第一節 研究結論 60 第二節 研究限制 62 第三節 未來建議 62 參考文獻 63 | zh_TW |
| dc.language.iso | en_US | - |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0098357020 | en_US |
| dc.subject (關鍵詞) | 公司治理 | zh_TW |
| dc.subject (關鍵詞) | 信用風險 | zh_TW |
| dc.subject (關鍵詞) | 信用評等 | zh_TW |
| dc.subject (關鍵詞) | 董監薪酬 | zh_TW |
| dc.title (題名) | 公司治理對信用風險與董監薪酬影響之研究 | zh_TW |
| dc.title (題名) | The effect of corporate governance on firm`s credit risk and directors` salary | en_US |
| dc.type (資料類型) | thesis | en |
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