公司治理議題是產業界、學術界以及監管單位非常重視的。本研究以探討公司的審計委員會若有偽治理現象時與審計公費、公司收到繼續經營有疑慮之意見及更換事務所之關聯。本篇所稱「偽治理」指公司雖然有設置獨立董事，但薪水異常的低，因此推論為儀式上虛設。本篇以該公司獨立董事的平均年薪酬小於或等於12、6、3萬來衡量是否為偽治理。本篇是以2021年台灣之上櫃公司為樣本。實證結果發現，當公司審計委員會有偽治理現象時，公司的審計公費較低。然而，公司收到繼續經營有疑慮之意見則沒有顯著的相關。至於更換事務所的機率則比較低。另外，本研究也額外加入股權集中及公司治理評鑑分數來衡量，結果與主結果一致。

Corporate Governance is a major concern for industry, academia, and regulatory agencies. This study investigates the relationship between the audit committee distortion phenomenon and the audit fees, going concern opinions, and audit firm switch. The study measures whether the company has a distortion phenomenon by using the average annual compensation of independent directors, which is less than or equal to 120,000, 60,000, or 30,000 NTD. This paper uses a sample of OTC-listed companies in Taiwan in 2021. The empirical results show that when an audit committee has a distortion phenomenon, the audit fees of the company tend to be lower. The probability of changing audit firms is relatively low as well. However, no significant correlation is found between the company receiving going concern opinion and audit committee distortion. This study also measures equity concentration and corporate governance ratings, which are consistent with the main findings.

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