英文摘要 |
In recent years, Taiwan's regulatory authorities have progressively mandated that listed companies (on the stock exchange and over-the-counter) establish an audit committee composed of all directors and ensure directors' and supervisors' liability. This study uses listed companies in Taiwan from 2014 to 2018 as the research sample to explore the relationship between the number of seats on the audit committee, the attendance rate of audit committee members, and the quality of the company's financial reports. Additionally, it examines the moderating effect of the amount of insurance taken out for directors' and supervisors' liability. According to empirical results, when the attendance rate is 100%, the more seats there are, the poorer the quality of the financial reports. However, when the number of seats is three, the quality of the financial reports tends to be better. Under the same premise, considering the moderating effect of the amount of insurance for directors' and supervisors' liability, the results show that the number of committee members and attendance rate significantly impact the quality of financial reports compared to the amount of insurance. Overall, the conclusions of this study should provide a reference for the government to strengthen the quality of information disclosure and company governance mechanisms in future policies. |