本研究係以國內上市電子業公司，並以取得該公司完整資訊者為主要研究對象，共取得270家上市公司，深入了解目前國內企業資訊揭露的概況。並採用變異數分析、t 檢定、卡方檢定、F 檢定、主成份分析及複迴歸分析等統計方法，探討資訊揭露透明度與公司治理之間的關係。
Since the Asian financial crisis in 1997, most East Asian countries have been actively reviewing and improving their regulatory frameworks, in particular, corporate governance and information disclosure. Because corporate governance has been described as the efficient structure used to enhance transparency of information disclosure. The Securities and Futures Institute entrusted by the Taiwan Stock Exchange Corporation and the Gre Tai Securities Market, launches “Information Transparency and Disclosure Ranking System” to evaluate the level of transparency for all listed companies in Taiwan in 2003, the System takes into consideration Taiwan’s unique business environment and provides companies with a summary of best practice as regards their benchmark for management and analysis. Recent year, the new financial accounting guidelines also have been drived continually, the transparency of information disclosure will be an important topic to study.
By using a sample of 270 electronic public listed companies with full-detail data in Taiwan stock market to know how they disclose information, and to understand the relationship between information disclosure transparency and corporate governance choosing by variance analysis, t-test, chi-square-test, F-test, principle component analysis and multiple regression.
The empirical result shows that companies with higher R&D rate, more patent numbers, higher proportion of independent directors, to breed more professionals, higher ownership ratio of managers, higher ownership ratio of government and financial institute, higher ownership ratio of domestic institute, higher ownership ratio of Foreign institute are more likely to have a higher transparency of information disclosure. Besides, transparency of information disclosure is significantly negatively related to the ownership ratio of block shareholders, shows companies with higher ownership ratio of block shareholders are more likely to have a lower transparency of information disclosure.