公司治理的架構分為內外部監督機制，董監事會職能的有效運作是內部機制的核心部分，而外部機制中聲譽機構(會計師)之參與為重要的監督力量，當內部董監事會與外部審計品質皆能同時發揮作用時，公司治理才會成功，進而使財務報表的可信度增加。研究結果發現董監事會之獨立性及持股比率與財務報表重編有顯著負相關，而董監事會規模與董監持股質押比率皆與財務報表重編呈顯著正相關，審計品質與財務報表重編呈顯著負相關。
Corporate governance both has insider and outsider administrative mechanism, the function of boards of directors and supervisors is the core of insider mechanism; reputa-tion institution is an important outsider supervisor when insider and outsider mechanism can both work effectively, the corporate governance will succeed, and increase financial statement’s credibility. Our research find out that the independence and ownership stake have significant negative relationship with restatement, the size and pledged shares of directors and supervisors both have significant positive relationship with restatement, audit quality has significant negative relationship with restatement.
