In recent years, in order to enable listed companies to continuously improve corporate governance and encourage them to emphasize sustainable development, enterprises have been gradually guided to establish relevant systems. Statistics show that progress has been made in a number of quantitative indicators of corporate governance quality, due to the Corporate Governance Roadmaps, the Corporate Governance Evaluation, and various advocacy activities by the competent authorities. 

In the aspect of the “Convention of Annual General Meetings” (hereinafter the AGM), with the implementation of electronic voting, all the annual general shareholders' meetings of listed companies have adopted voting by poll, and more than 90% of the companies filed the results on the same day the AGMs were held. On average, the handbook and the annual report of the shareholders' meeting were filed 31.07 days and 19.88 days respectively before the date of the shareholders' meeting, significantly earlier than the law. Regarding the “Composition and Operation of the Board of Directors,” as of June 30, there were 729 listed companies that have at least one female director, and 830 listed companies have independent directors that make up no less than one third of the directors. In the future, relevant regulations will be formulated in accordance with the schedule of the "Corporate Governance 3.0 -Sustainable Development Roadmap," and "Sustainable Development Action Plans for TWSE- and TPEx-Listed Companies." 

As to “Information Disclosure,” 197 TWSE-listed companies filed their financial reports for the previous year before the end of February 2023, an increase of 17% over last year. In order to enhance the quality of information disclosure and strengthen this, plus compliance of English information disclosure with international practices, TWSE-listed companies have been required to report the English versions of their shareholders' meeting agenda handbooks, shareholders' meeting annual reports, and annual financial reports in phases. Starting from 2023, all TWSE-listed companies shall report relevant information in English. 

With regards to “Non-financial Information Disclosure,” as of June 30, a total of 324 listed companies have filed their Sustainability Report for 2022, and 193 can postpone their filing till September 30. It is estimated that about 517 listed companies will file their 2022 reports by the end of September. 

The TWSE stressed that good corporate governance is the most important foundation for a sound capital market and the key to attracting investors for long-term investment. In the future, the TWSE will continue to promote corporate governance related measures, strengthen the sustainable development competitiveness of listed companies, and augment the quality of the overall capital market. Relevant corporate governance statistics can be found in the database of the Corporate Governance Center (https://cgc.twse.com.tw/).