| dc.description.abstract | The discussion in this study is mainly about corporate governance and ownership structure in relation to information transparency. Since information transparency has been a necessary part of the activities of corporate governance, improving information transparency helps lowering information asymmetry as well as stabilizing the development of capital markets.
This study is based on Taiwan Information Disclosure and Transparency Rankings System and selected listed company for the period of 2008 to 2014 as the sample. The empirical analysis result shows that the board size, independent director and supervisors, The Audit Committee, and audit from Big Four Firms have significantly positive relations with information transparency. Reversely, the result shows the scale of supervisors and CEO duality have negative relations with information transparency. Additionally, in the aspect of the factor of shareholding structure revealed the following facts. In considering the ownership of board, outsider, government organization, and managers, the higher the shareholding ratio is, the better the information transparency is. On the contrary, in considering the ownership of supervisors and controlling shareholders, the higher the shareholding ratio is, the worse the information transparency is.
As the result, this study can provide investors and government organizations with the factors which will influence the level of corporate information transparency, so as to improve the level of information disclosure and ensure investors’ equity in the future. | en_US |