Directors & Supervisors Responsibilities and Specialization Dataset

ESG Sustainability-Directors & Supervisors Responsibilities and Specialization Dataset

Preface

In 2020, Financial Supervisory Commission ( also known as “FSC”) have officially launched the “Corporate Governance 3.0 – Sustainable Development Roadmap” (hereinafter referred to as CG 3.0). CG 3.0 take the following five action plans:“Strengthen duties and functions of boards,” “Enhance information transparency,” “Strengthen communication with stakeholders,” “Encourage stewardship of institutional investors:,” and “Deepen a corporate culture of sustainable governance.” Which shows the crucial role that the board of directors and senior supervisors play in corporate governance.

Moreover, FSC even launched “Corporate Governance 4.0 – Sustainable Development Action Plan for Listed Companies” in 2023. In order to align with international corporate governance developments, Taiwan actively understands the trends of major countries worldwide, plans a corporate governance system suitable for its national context. Therefore, observe the information of directors and supervisors, such as the establishment of independent directors, audit committees, compensation committees, and the frequency of various meetings, all these data can help us understand more about corporate governance operations.

TEJ Directors & Supervisors Responsibilities and Specialization Dataset covers various aspects of corporate governance, specifically focusing on detailed information about directors and supervisors, such as resignation and appointment records, committees attendance, educational background and work experience, and various statistical data. We collect and organize these information for you, helping to solve the challenges of data collection and providing an important basis for analyzing corporate governance.

Dataset Highlights 

✨Features

  • Collect and organize the raw data related to directors and supervisors.
  • Systematically categorize the data into various aspects, such as responsibilities, specialization, and more.
  • Provide an in-depth view of board functions of all listed companies in Taiwan.

✨Advantages

  • Rich Research Variables: TEJ further derives relevant research variables from raw data.
  • Follow International Framework: Diverse data combine with the OECD framework, aiding in comprehending the operations of corporate governance systems.

✨Benefits

  • Time and Cost Efficiency: Reduces time and cost for data collection and organization.
  • Convienent to use: Research variables are systematically categorized for ease of use and analysis.

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Responsibilities of Directors and Supervisors 

Resigned and Elected information 

  • The announcement of changes in the board of directors and supervisors due to elections allows for observing board changes alongside operational performance to assess their reasonableness. 
  • Data includes reasons for changes, extent of changes, and tenure of outgoing members. 

Attendance of Meetings 

The frequency of various meetings reveals how the management makes decisions on company matters, allowing for an assessment of corporate governance operations.

  • The participation of directors and Supervisors in company affairs can be gauged through their attendance at various meetings, providing insights into the operation of corporate governance. 
  • Functional Committees encompass audit committees, compensation committees, corporate governance committees, etc.
Figure 1. Attendance fo Functional Committees.
Figure 1. Attendance fo Functional Committees. Source: TEJ Sustainability Solution

Specialization of Directors and Supervisors 

Education & Experience 

  • Understanding the professional knowledge, skills, and background of management enables further assessment of business risks and development. 
  • Data includes education, experience, tenure, and professional background (accounting, finance, legal, CPA, teaching). 

Training 

  • The database provides information on the training objectives and key points for directors and supervisors based on the Corporate Governance Best Practice Principles. 
  • It helps assess directors’ professional capabilities and their ability to assist the board in operations effectively, thereby strengthening corporate governance. 
Figure 2. Education & Experience of Directors and Supervisors (2330. TW as sample)
Figure 2. Education & Experience of Directors and Supervisors (2330. TW as sample). Source: TEJ Sustainability Solution

Other Research of Directors and Supervisors 

To align with global standards, understanding the composition, remunerations, and shareholding of the board can help us assess a company’s operational performance. TEJ offer you the ultimate dataset to examine all facets.

  • Gender and Age:Study the diversity of the board members. 
  • Remunerations:Salary, remuneration and other income of directors, supervisors and managers. 
  • Shareholding Detail:Shareholding and pledge of major shareholders, directors and supervisors. 

In 2023, FSC announced “Corporate Governance 4.0 – Sustainable Development Action Plan for Listed Companies,” regulations stipulate that starting in 2024, listed and OTC companies must achieve a target of one-third of female board members by 2025. For detailed information on the gender of board members, please refer to the article “Women in Boardroom: Are They Driving Growth in Taiwanese Companies?” All the data you need to analyze can be found in TEJ dataset!

Figure 3. Seats and Proportion of Woman in Management in Taiwan.
Figure 3. Seats and Proportion of Woman in Management in Taiwan. Source: TEJ Sustainability Solution

Solving Corporate Governance Information Gathering Challenges

TEJ Directors & Supervisors Responsibilities and Specialization Dataset supports users in getting ahead of the latest corporate governance principles, offering comprehensive datasets to analyze and assess the operational performance of the board and supervisors. The board of directors and supervisors play a crucial role in corporate governance, which is a fundamental aspect of a healthy capital market and a key factor in attracting continuous investment. To enhance the efficiency of consolidating director and supervisors data while reducing the workflow you spend on, you need a reliable and comprehensive database!

TESG Sustainability Solution: A One-Stop Solution for Sustainable Financial Goals

Taiwan Economic Journal (TEJ), drawing on over 20 years of research and expertise in corporate social responsibility and ESG issues, has collected related data and developed a comprehensive solution. This helps financial institutions face the challenges of promoting responsible investment and credit and supports scholars’ research. TEJ’s solution streamlines the process, allowing for efficient and precise evaluation of companies in green finance.

We serve as a one-stop platform to meet the assessment and information needs for green finance goals. For more information, please feel free to contact us!

✉️ E-mail: tejservice@tej.com.tw | ☎️ Phone: +886-2–87681088

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