本文旨在分析受到國際金融環境變化下，探討台灣壽險公司的公司治理與經營績效方面，公司治理與風險承擔方面，兩方面關係研究。本研究期間是以2003 年至2008 年的台灣壽險公司為樣本，而應用Tobit 迴歸模型以檢定公司治理變數對風險承擔及經營績效是否有顯著的差異。本研究結果中發現：第一，在公司治理與經營績效方面，發現經理人持股、法人持股與公司經營績效呈現正相關。第二，在公司治理與風險承擔方面，發現經理人持股和監察人內部化與公司風險承擔呈現負相關；法人持股與公司風險承擔呈現正相關。

This paper aims to analyze and explore the relationship between the corporate governance and performance and the relationship between the corporate governance and risk taking under the changing international financial environment in the life insurance companies in Taiwan. With the life insurance companies in Taiwan from 2003 to 2008 as samples, the author used the Tobit regression model to test if the variable of corporation governance has significant difference in corresponding to the risk taking and performance. The research found: 1) on the aspect of corporation governance and performance, there was positive correlation between the manager holdings, corporation holdings and performance of the company; 2) on the aspect of corporation governance and risk taking, there was negative correlation between manager holdings and supervisor internalization and the risking taking of the company whereas there was positive correlation between the corporation holdings and the risk taking of the company.