本篇研究在於檢視公司設置審計委員會與股價崩盤風險間之關聯性。透過以往經驗可以得知若股價發生崩盤往往會造成投資人產生極大的虧損，而我國也引進國外之審計委員會制度以期望提高公司內部治理效能，因此本篇希望研究我國能否透過設置審計委員會之法規，降低投資人與企業間資訊不對稱的程度，並進一步降低股價崩盤風險，達到保護投資人效果，使經濟發展更為穩定，除此之外，還期望透過證實審計委員會中會計與財務背景人數與召集人具備會計或財務背景，兩者與股價崩盤風險間之關係，幫助我國更為完善地制定相關監督機制。然而實證結果則顯示，我國審計委員會的設置以及含有越多會計或財務背景成員，或召集人具有會計或財務背景，並無證據支持能夠降低公司未來股價崩盤風險。

This study examines the relationship between the establishment of audit committee and stock price crash risk. Historical evidence suggests that stock price crashes often result in substantial losses for investors. Taiwan has adopted the audit committee system from abroad, hoping to enhance the effectiveness of corporate governance. Therefore, this study seeks to investigate whether Taiwan's regulatory framework for establishing audit committee can reduce the level of information asymmetry between investors and corporations and consequently lower the risk of stock price crash risk, thereby protecting investors and promoting more stable economic development. Additionally, the study explores whether the audit committee members and the chairperson with accounting or financial background affect stock price crash risk. However, our empirical results find no evidence that establishing audit committee or including more members or a chairperson with accounting or financial expertise reduces future stock price crash risk in Taiwan.

丁子浩.(2022). 公司的監督機關設計:我國的監察人與審計委員會制度。檢自https://plus.public.com.tw/article-20221003-3000-1 (Apr. 29, 2024)
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