技术独立董事能有效提高企业价值吗?

Can Technology Independent Dir ector s Impr ove Enter pr ise Value Effectively?

本文以独立董事背景为研究切入点,以2011-2015年制造业上市公司为样本,分析了技术独立董事对企业价值的影响。研究发现,在制造业上市公司中设立技术独立董事,有助于企业价值的提升。进一步研究发现技术独立董事的年龄、比例以及教育背景均与企业价值呈正相关。本文的结论为我国上市公司管理层制度的完善以及公司治理提供理论支持。

Based on the background of independent directors, this paper focuses on the impact of technology independent directors on enterprise value by taking the case of manufacturing listed companiesfrom 2011 to 2015. It is found that the establishment of technical independent directors in manufacturing listed companies contributes to the improvement of enterprise value. Further research shows that the age, proportion and education background of the independent directors are positively correlated with enterprise value.The research of this paper provides theoretical support for the improvements of management systems of listed companies and corporate governancein China.