董事会职能实现过程研究——基于山东省农信社的调查分析

Study on Realization Process of Board Function——An Empirical Analysis of Rural Credit Cooperatives in Shandong Province

以董事会职能为中心,分析了监督和决策过程的不同阶段以及在此过程中内外部董事、专业委员会等结构怎样保证这些职能更好地实现。在理论分析的基础上,以2007年山东省银行业调查数据为样本,利用probit模型验证了126家农村信用社的董事会职能实现情况,并对可能影响董事会职能的因素进行了分析。实证结果表明:包括董事会规模、独立性和专业委员会在内的特征并没有显著影响董事会职能的选择,但是决策型董事会却阻碍了董事会绩效的提高。

Taking the functions of the board as the center,this paper analyses the different stages of supervision and decision-making process,and it also studies how the different directors,professional committees ensure the realization of these functions.On the basis of the theoretical analysis,this paper takes the survey data in banking industry as the sample which is surveyed in Shandong in 2007 to examine the performance of the functions of the board in 126 rural credit cooperatives,and factors that may affect this process.Results show that,the board characters,including size,independence and professional committees,have no significant impact on the board choice of the functions,but the decision-making board prevents performance from increasing.