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    Title: 探討公司治理評鑑結果與公司價值之關係:以台灣上市櫃公司電子業治理評鑑為例
    The Association between Corporate Governance Evaluation and Firm Value: Evidence of Listed Electronic Industry in Taiwan
    Authors: 林曉薇
    Lin, Hsiao-Wei
    Contributors: 陳鎮洲
    林曉薇
    Lin, Hsiao-Wei
    Keywords: 公司治理評鑑
    經營績效
    公司價值
    公司治理品質
    Date: 2021
    Issue Date: 2021-08-04 16:11:50 (UTC+8)
    Abstract: 本研究旨在探討公司治理評鑑結果與公司價值之關係,並探討電子業與非電子業公司治理評鑑結果與公司價值之關係。本研究資料來源取自台灣經濟新報資料庫(Taiwan Economic Journal, TEJ) 及證基會所公告之公司治理評鑑系統,以台灣上市、上櫃公司作為研究對象範圍,研究期間為2015年至2019年,共四屆之公司治理評鑑資料。統計模型採用單年期OLS迴歸分析以及多年期Panel迴歸分析進行分析。結果發現,公司治理評鑑結果愈好,各項財務指標(EPS、ROA、ROE、TQ)表現也愈好,顯示公司治理評鑑結果與公司當期及遞延期之財務指標呈現正向關係。即便加入控制變數,於研發費用率、股利支付率、公司規模、負債比,正向關係仍顯示至落後期第三年,表示公司治理評鑑結果對公司價值的影響可反應三年,評鑑結果也是反應公司的治理狀況,當評鑑結果分數愈高,其財務指標愈高,表示公司價值也會顯著提升,支持台灣公司治理評鑑結果系統的有效性,企業為吸引投資人,公司可在財務指標上更加以完善的管理,使得公司長期價值具有效性,除追求卓越治理績效之外,亦能健全公司營運,追求公司最大之利益。
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    二、網站
    中華公司治理協會(TCGA),http://cga.org.com.tw
    台灣證券交易所公司治理中心,http://cgc.twse.com.tw/
    台灣證券交易所公司治理中心,公司治理簡介,http://cgc.twse.com.tw/front/aboutCorpgov
    台灣證券交易所公司治理中心,公司治理評鑑簡介,http://cgc.twse.com.tw/front/evaluationOverview


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    Description: 碩士
    國立政治大學
    行政管理碩士學程
    108921056
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0108921056
    Data Type: thesis
    DOI: 10.6814/NCCU202100874
    Appears in Collections:[行政管理碩士學程(MEPA)] 學位論文

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