摘要
以甘肃上市公司为样本,运用实证研究分析方法,研究公司治理结构与提高公司业绩的关系。实证研究结果表明:甘肃上市公司绩效与公司持股大于5%的股份在总股本中的比重呈正相关关系;与公司的董事长或(和)总经理兼任大股东的董事长(或,和)总经理(或,和)党委书记呈负相关关系;与独立董事比重呈正相关关系;与国有股在总股本中的比重没有相关关系;与董事会规模没有相关关系。这为我们改善甘肃上市公司治理结构与公司绩效的政策思考提供了有益的决策支持。
Based on the listing companies in Gansu, this paper uses an empirical research to analyze the relationship between the structure of corporation governance and the enhancement of company performance. The result indicates that, the company performance of listing companies in Gansu is positively correlated with the holding of the company's stock to be bigger than 5% of the total capital stock; is negatively correlated with the board director or(and) the general manager to be the board director or(and) the general manager or (and) the Party committee secretary of the major stockholder; is positively correlated with the rate of independent directors; has no correlation with the rate of State-owned stock; has no correlation with the size of board. This gives a good policy- making support to improve the relationship between the structure of corporation governance and the enhancement of company performance in the listing companies in Gansu.
出处
《价值工程》
2007年第1期153-156,共4页
Value Engineering
关键词
上市公司
治理结构
公司绩效
实证分析
listing companies
corporate governance structure
company performance
empirical research