頁籤選單縮合
題名 | 企業選擇設置審計委員會之經濟性決定因素=The Economical Determinants of Firms Choosing Audit Committee Formation |
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作者 | 張晉源; 林有志; Chang, Chin-yuan; Lin, Yu-chih; |
期刊 | 高苑學報 |
出版日期 | 20110900 |
卷期 | 17:2 2011.09[民100.09] |
頁次 | 頁55-69 |
分類號 | 553.97 |
語文 | chi |
關鍵詞 | 公司治理; 審計委員會; 監察人; 董事會獨立性; 董事長兼任總經理; Audit committee; Corporation governance; Supervisor; Board of directors independence; CEO duality; |
中文摘要 | 本研究旨在檢驗企業選擇設置審計委員會之經濟性決定因素。由於我國公司法原採取雙軌制,其中董事會為業務決策及執行機關,監察人為監督機關。但因監察人功能不彰,遂於 2006年進行修法,正式引進審計委員會之制度以取代監察人,並自次年開始生效。初期採取彈性鼓勵方式,故企業可選擇設置監察人,或自願成立審計委員會以取代監察人。以臺灣公開發行並上市櫃公司 2007至 2009年之樣本資料實證結果顯示,企業選擇設置審計委員會以取代監察人之決策,與下列變數呈現正相關:即董事會規模、董事會獨立性、投保董監保險、公司規模、法人持股比率等;與董監持股比率及大型會計師簽證呈現負相關;但與經理人持股比率、董事長兼任總經理、家族企業、是否發行海外存託憑證及負債比率等並無顯著相關。 |
英文摘要 | In this paper, we examine the economical determinants of firms choosing audit committee formation, which is an important mechanism of corporation governance. According to the original Taiwan Company Act, the board of directors is the department of business operation and decision making, supervisor is the department of overseeing. Since the function of supervisor is not well in practice, the authority therefore amended the law and introduced audit committee to replace supervisor in 2006. Based on the sample of Taiwan’s public company collected from 2007 to 2009, we find the voluntary audit committee formation is positive with the size of board of directors, board of directors independence, directors & officers insurance, firm size, and the ownership of institutions; but negative with the ownership of directors and officers, CPA type; while non association been documented with managers’ ownership, CEO duality, family business, GDR issuing, and leverage. |
本系統之摘要資訊系依該期刊論文摘要之資訊為主。