Abstract

Ownership structure and corporate governance system are relevant to the performance of the company. The performance of the company will directly influence the value of the company and also reflect on stock price which means it indirectly affects the investors a lot. Recently the smartphones have developed vigorously which contribute to the demand of optical lenses increase greatly. So this study is focus on Taiwanese listed optoelectronic firms as objects. After the literature review for this study we found out that the ownership structure, corporate governance and company performance are closely related. Consequently, we caught related datum from the TEJ database to do multiple regression analysis. In particular, the information disclosure, directors & supervisors and big shareholders holding share proportions have significant positive influence on performance. These results completely match the study hypotheses and "convergence-of-interest hypothesis". Furthermore, the influences of directors & supervisors and big shareholders holding share proportions on performance reveal reverse U type relation of increase first then decrease.

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