The listing of overseas companies in Taiwan is a policy actively promoted by our country. However, such companies usually have complex equity structures and transaction arrangements, making it difficult for investors to understand the company's full picture. Information transparency and the protection of shareholders' rights are often questioned. In 2020, financial fraud and hollowing out occurred at Kangyou-KY Company on the Taiwan Stock Exchange, and its certified accountant was punished by the Financial Supervisory Commission and suspended his visa for two years. The Insurance Center came forward to seek compensation for Kangyou's small shareholders, and was ruled by the court to falsely detain two accountants from Qinye United Accounting Firm and Kangyou's senior management, totaling 4.7 billion yuan. Therefore, this study uses literature analysis to explore the correlation between Kangyou Company's fraud incidents and corporate governance.