TWSE holds event for listed com­pa­nies

The China Post - - TAIWAN BUSINESS -

The Tai­wan Stock Ex­change (TWSE) held the first “Net­work­ing Event for TWSE-listed Com­pa­nies” to pro­mote in­ter­ac­tion and ex­change be­tween TWSElisted com­pa­nies, as well as the im­ple­men­ta­tion of cor­po­rate so­cial re­spon­si­bil­ity (CSR), at the Taipei In­ter­na­tional Con­ven­tion Cen­ter on Mon­day.

TWSE in­vited Tseng Mingchung, Chair­per­son of the Fi­nan­cial Su­per­vi­sory Com­mis­sion (FSC) and Wu Yui-Chun, Direc­tor-Gen­eral of the Se­cu­ri­ties and Fu­tures Bureau (SFB) to pro­vide guid­ance to com­pa­nies on how to at­tach im­por­tance to cor­po­rate gov­er­nance and im­ple­ment CSR. This will help achieve the vi­sion of “ef­fec­tively shap­ing Tai­wan’s cor­po­rate gov­er­nance cul­ture and cre­at­ing a mu­tu­ally ben­e­fi­cial en­ter­prise value.”

The cap­i­tal mar­ket serves as a win­dow for eco­nomic devel­op­ment, while cor­po­rate gov­er­nance serves as the cor­ner­stone for the cap­i­tal mar­ket. In the busi­ness process, fair treat­ment of all stake­hold­ers pro­motes the mu­tual growth of busi­ness and so­ci­ety. TWSE has spe­cially in­vited do­mes­tic fi­nan­cial legal ex­pert, for­mer chief jus­tice of the Con­sti­tu­tional Court of the Repub­lic of China, Lai In-Jaw to con­duct a the­matic speech on “cor­po­rate gov­er­nance” and “cor­po­rate so­cial re­spon­si­bil­ity.” This will serve to en­hance the im­por­tance of busi­ness in­tegrity, as well as the im­ple­men­ta­tion of cor­po­rate gov­er­nance and cor­po­rate so­cial re­spon­si­bil­ity.

To strengthen cor­po­rate ethics and the im­ple­men­ta­tion of CSR, TWSE in­vited 859 TWSE-listed com­pa­nies to par­tic­i­pate in the “Net­work­ing Event for TWSElisted Com­pa­nies.” Ac­cord­ing to es­ti­mates, ap­prox­i­mately 200 do­mes­tic/for­eign TWSE-listed com­pa­nies will be send­ing rep­re­sen­ta­tives to at­tend the first ses­sion of the “Net­work­ing Event for TWSElisted Com­pa­nies.”

The sec­ond ses­sion will be held in Taipei on April 27. Three other ses­sions will be held at Hs­inchu, Taichung, and Kaoh­si­ung on May 6, May 7, and May 8, re­spec­tively. TWSE wel­comes all do­mes­tic/for­eign TWSE-listed com­pa­nies to join the fes­tiv­i­ties.

Ven­dors sit on a cor­ner of a Taipei street on Aug. 24, 2009. Tai­wan’s job­less rate hit 3.72 per­cent in March, up by 0.03 per­cent­age points from Fe­bru­ary.

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