企业股份结构,董监事机制与经营绩效关系之研究.docVIP

企業股份結構、董監事機制與經營績效關係之研究 計晝主持人：蕭大正* 國立高雄應用科技大學財政稅務系  A Study on Relationship of the Ownership Structure, Corporate Governance to Company Performance Abstract Aim at the capital market, the big shareholder and management of a company can acquire a great sum of benefits after IPO, so they used to window-dressing the financial statements and ownership structure to meet the IPO related rules or up the underwrite price. Once the company succeeds at IPO, the management no longer like formerly that sort begs the company value with all ones heart to turn biggest, with the result that in cause the company to operate the decline of the results. To review the literatures and the phenomenon of the IPO in the last few years, the changes of ownership structure is found, will affect the mechanism of the corporate governance, and will affect the operating performance of parent company deeply. Through this study, hoping can understand the relationship between declined operating performance, ownership structure and corporate governance after its IPO. At the same time, to study before and after IPO in front and back, the changes of these factors, will influence company operating performance produce what kind. The hope whether to exist the corporate governance of the particular type or not is found, can make company value maximized. This research finds most primarily, corporate governance and the second shareholder of the Taiwanese new listed company, cant develop the function of inspecting the company, he be excessive to be absorbed in the obtaining of stock market capital gains, with the result that in not intentional be engaged in the development of the core business, it is bad that operating performance will compare the generally new listed company. Besides, this research considers the amount of fluctuation of the ownership structure, corporate governance and investment to influence new listed company operating performance for the very first time, investment rate (long-term inv