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Amendments

Title：

Corporate Governance Best Practice Principles for TWSE/TPEx Listed Companies  CH

Amended Date： 2024.08.23 (Articles 13-3 amended,English version coming soon)
Current English version amended on 2022.12.23 
Categories： Corporate Governance
Article Content Chapter Content Search Article No. Search Subordinate Legislation Amended Article Legislative History Chinese

Title： Corporate Governance Best Practice Principles for TWSE/GTSM Listed Companies(2013.03.11)
Date：
Article 20     (Capabilities Required to be Possessed by Board of Directors)
    The board of directors of a TWSE/GTSM listed company shall be responsible to the shareholders meetings. Procedures and arrangement relating to corporate governance shall ensure that, in exercising its authority, the board of directors will comply with laws, regulations, articles of incorporation, and the resolutions of shareholders meetings of the company.
    Regarding the structure of the board of directors, a TWSE/GTSM listed company shall determine an appropriate number of board members not less than five persons, in consideration of its business scale, the shareholding of its major shareholders and practical operational needs.
    The composition of the board shall give due attention to the principles of gender equality, and its members shall have the necessary knowledge, skill, and experience to perform their duties. To achieve the ideal goal of corporate governance, the board of directors shall possess the following abilities:
  1. Ability to make operational judgment.
  2. Ability to perform accounting and financial analysis.
  3. Ability to conduct management administration.
  4. Ability to conduct crisis management.
  5. Industrial knowledge.
  6. International market perspective.
  7. Ability to lead.
  8. Ability to make decisions.