题名

Does Governance Mechanism Affect the Disclosures of Top Management's Compensation?

并列篇名

公司治理機制是否影響高階管理當局之薪酬揭露？

作者

陳俊合(Chun-Ho Chen)；許永聲(Yun-Sheng Hsu)；翁慈青(Tzu-Ching Weng)；紀信義(Hsin-Yi Chi)

关键词

公司治理 ； 揭露 ； 薪酬 ； 資訊透明度 ； corporate governance ； disclosure ； compensation ； information transparency

期刊名称

Pan-Pacific Management Review

卷期/出版年月

16卷2期（2013 / 07 / 01）

页次

103 - 132

内容语文

英文
中文摘要

本文探討公司治理機制對高階管理當局薪酬揭露透明度之影響，本文結果顯示，當高階管理當局持股比率越高，則其薪酬揭露透明度較高。相對而言，當董事會中執行董事比率越高、控制權與現金流量權偏離程度越高以及董事長兼任總經理時，則其薪酬揭露透明度較低。總而言之，本文結果指出當公司治理機制較弱時，會產生較大的代理問題，並導致其高階管理當局薪酬揭露透明度較低。
英文摘要

The paper examines the role of corporate governance in the disclosure of top management’s compensation. We find that companies with higher levels of top management shareholding provide greater transparency in their compensation disclosures. By contrast, firms with a higher proportion of executive directors, the greater divergence between the control and cash flow rights and CEO duality, will have a lower transparency of compensation disclosures. In summary, our findings suggest that firms with weaker governance mechanism have a greater agency problem and a lower transparency of top management’s compensation disclosures.
主题分类 社會科學 > 管理學
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被引用次数
  1. 薛敏正,盧怡妏,葉淑玲(2022)。股權結構、公司治理與企業社會責任對員工薪酬之影響。中華會計學刊，18(2)，167-205。
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