Director Connectedness and the Quality of Internal Control

瀏覽統計 Email 通知 RSS Feed

簡歷

基本資料

Project title

Code/計畫編號

MOST106-2410-H424-004

Translated Name/計畫中文名

董事會成員間的聯絡性與內部控制品質

Project Coordinator/計畫主持人

Shu-Miao Lai

Funding Organization/主管機關

National Science and Technology Center for Disaster Reduction

Department/Unit

Department of Accounting, KNU

Website

https://www.grb.gov.tw/search/planDetail?id=12237454

Year

2017

Start date/計畫起

01-08-2017

Expected Completion/計畫迄

31-07-2018

Bugetid/研究經費

606千元

ResearchField/研究領域

財政（含金融，保險）

本研究主要探討外部董事間的聯絡性與內部控制品質之關係。本文假設董事間的聯絡性愈高，有助增進各董事對內部控制知識的了解，降低董事與經理人間的資訊不對稱，提高董事會對內部控制的監督力，進而增進內部控制品質。使用不同變數來衡量董事會成員的聯絡性，本研究預期，董事間的聯絡性與內部控制缺失發生的可能性呈現負向關係。其次，本研究預期，各董事間的聯絡性愈高，內部控制控制缺失發生時，未來更換總經理人的可能性愈高。此外、本研究預期，董事間的聯絡性愈高與未來內部控制缺失改善的可能性呈正相關。最後，本研究預期董事間的聯絡性有助增進財會專家對內部控制品質的正向效果。整體而言，本研究提供董事間的聯絡性是否以及如何影響董事會的監督效力，進而影響內部控制品質之洞察。 This study attempts to examine the association between director connectedness and the quality of internal control over financial reporting (ICOFR). I hypothesize that outside director connectedness increases the board’s internal control knowledge, which mitigates information asymmetry between board of directors and management and improves outside directors’ monitoring abilities, resulting in higher-quality ICOFR. Thus, I expect that firms with well-connected directors are less likely to have internal control material weaknesses (ICMW). Second, I expect that when compare to other directors, well-connected directors will increase the likelihood of CEO turnover when an ineffective ICOFR occurs. Third, I expect improvement in director connectedness is positively associated with subsequent remediation of an ICMW. Finally, I predict that well-connected directors complement the positive effect of accounting expert on the quality of ICOFR. Collectively, my study provides new insights into whether and how director connectedness increases board monitoring effectiveness, which improves the quality of ICOFR.

Keyword(s)

董事會的社會網絡
內部控制
公司董事會
公司治理
Director connectedness
internal control over financial reporting
boards of directors
corporate governance

DSpace CRIS

Director Connectedness and the Quality of Internal Control

基本資料

Description