Corporate Governance

Monday, March 28, 2011

Issues to watch for at 2011 shareholders’ meetings

The general shareholders’ meeting season in Taiwan is rapidly approaching. In the interest of helping companies conduct these important annual events smoothly, we will go over recent changes in government policies and regulations, reminding companies of the issues they should look out for and how to respond. Awareness of these issues may also help companies maintain effective compliance and seize emerging opportunities.

Tuesday, March 15, 2011

Compensation committees and effective performance incentive systems

In November 2010, the Legislative Yuan passed an amendment to the Securities and Exchange Act. The amendment added language to Article 14-6 mandating that each publicly listed company in Taiwan install a ‘remuneration committee’ as a way to promote good corporate governance.

Monday, May 10, 2010

A closer look at controlling and subordinate relationships

In an attempt to prevent conflicts of interest from arising among corporate board members, the Financial Supervisory Commission (FSC) issued a directive in February 2010 giving its interpretation of Article 26-3, paragraph 2.....

Friday, May 30, 2008

Board Directors' Duty of Loyalty, and Removal of the Non-competition Obligation

According to reports, the Taipei District Court recently ruled in a case where a corporate board's non-competition obligation was removed that, since the company in question – Union Insurance Company.......

Monday, February 26, 2007

How New Accounting Standards for Intangibles Will Impact Companies in Taiwan

Taiwan's Statement of Financial Accounting Standards No. 37 (SFAS 37), "Accounting Treatment of Intangible Assets", which was released by the Accounting Research and Development Foundation at the end of July 2006.....

Monday, February 26, 2007

Information Openness from a Corporate Governance Perspective

The Asian financial crisis of 1997-1999 was followed closely by the Enron meltdown and a long series financial scandals, all of which has contributed to making corporate governance a preoccupation in Asian societies nowadays.

Wednesday, June 12, 2002

The Practice of Investor Relations: An Introduction

With many accounting fraud cases triggering market turbulence recently, market regulators have again stressed the importance of transparency…