Annual Reports  >  2014  >  Corporate Governance > Overview
Overview
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TSMC advocates and acts upon the principles of operational transparency and respect for shareholder rights. We believe that the basis for successful corporate governance is a sound and effective Board of Directors. In line with this principle, the TSMC Board delegates various responsibilities and authority to two Board Committees, Audit Committee and Compensation Committee. Each Committee has a written charter approved by the Board. Each Committee’s chairperson regularly reports to the Board on the activities and actions of the relevant committee. The Audit Committee and Compensation Committee consist solely of independent directors.

2014 Corporate Governance Awards

Organization Awards
Dow Jones Sustainability Index

DJSI World Semiconductors & Semiconductor Equipment Industry Group Leader

FinanceAsia

Asia’s Best Company in Technology

IR Magazine (Greater China Awards)

Best Corporate Governance

Best Sustainability Practice

Best IR by a Taiwanese Company

Best Financial Reporting

Fortune Magazine

World’s Most Admired Companies

RobecoSAM

Sustainability Award-Industry Leader & Gold Class

CommonWealth Magazine

Excellence in Corporate Social Responsibility-Top 10 Large Enterprises – Ranked No.1

Annual Theme Award-Corporate Governance

Taiwan Most Admired Company – Ranked No.1

The Taiwan Institute for Sustainable Energy-Taiwan Corporate Sustainability Awards

Taiwan 10 Most Sustainable Company Awards – First Prize

Taiwan Top 50 Corporate Social Responsibility Report Awards-Large Enterprises, Electronics Industry I – Gold Class

Ministry of Economics

Top 20 Taiwan Innovative Companies – Ranked No.1

National Council for Sustainable Development, Executive Yuan

National Sustainable Development Award-Enterprise Section – First Prize

R.O.C. Securities & Futures Institute

11th Information Disclosure of Public Companies Ranking – Ranked A++