世界各國為了強化公司治理制度，多以設置獨立董事為發展重點與目標，過去探討董事會獨立性的研究很多，然而鮮少有研究將董事會獨立性、資訊透明度和盈餘管理三者一併探討。因此本研究探討董事會獨立性與盈餘管理之間的關係，同時加入資訊透明度當作調節變數，探討資訊透明度是否會強化董事會獨立性和盈餘管理之間的關係。研究結果指出董事會獨立性和盈餘管理呈現出顯著負向關係，公司能夠藉由獨立董事的自身專業，協助董事會的運作，也因為獨立董事具有監督管理當局的功能，因此，董事會的獨立性越高，管理當局越不敢從事盈餘管理；此外，資訊透明度調節董事會獨立性和盈餘管理之間的關係，實證結果顯示，資訊透明度和兩者之間呈現顯著正向關係，表示資訊透明度和董事會獨立性呈現替代關係，造成兩者之間交乘項和盈餘管理呈現顯著正向關係。 Establishing the board independence is an important developmental orientation of corporate governance in the world. In the past, studies related to the board independence is very abundant, however, there are few study examine the board independence, information transparency and earnings management, the three all together. Therefore, this study examines the relationship between board independence and earnings management by the application of information transparency as a moderator variable in order to examine whether information transparency will strengthen board independence and earnings management. The result indicates a significant negative relationship between board independence and earnings management. By independent directors’ own professional assist the operations of the board, they have a function of supervision to management, therefore, the higher independence of the board, the less of management prone to earnings management; In addition, the relationship between information transparency of moderator to board independence and earnings management, the empirical results have showed that information transparency and both, reflecting a significant positive relationship. It is stand for information transparency and board independence are substitute, so they have significant positive relationship between earnings management.
