独立董事履职影响因素与上市公司违规行为的关系实证研究

Empirical Study on the Relationship between Influential Factors in the Prosecution of Independent Directors' Duties and Listed Companies' Illegal Actions in China

从独立董事角度出发,研究了影响独立董事履行职责的因素与上市公司违规行为之间的内在关系。结果表明:独立董事之间专业的合理构成与上市公司违规呈显著负相关关系,独立董事合理的专业构成更能有效地防范上市公司的违规;对独立董事的津贴激励与上市公司违规行为发生呈显著正相关关系。

This paper starts from independent directors, and studies the relationship between the main influential factors in the prosecution of their duties and listed companies＇illegal actions, and reflects that the reasonable professional knowledge structure of independent directors has a significant negative correlation with listed companies＇ illegal actions, and reasonable professional knowledge structure can prevent listed companies＇illegal actions; while the allowance of independent directors has a significant positive correlation with listed companies＇ illegal actions, which challenges allowance - driven mechanism at present in China. High allowance may not well inspire the prosecution of independent directors＇duties and prevent listed companies＇illegal actions.