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An Empirical Research on the Relationship between Board of Directors Governance and Corporate Performance of Chinese Public Companies
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作者 Jian Zhu Zengji Song Zongyi Zhang 《Chinese Business Review》 2004年第7期7-13,共7页
Board of directors is an important component part of corporate governance. As a governance mechanism, we empirically study relationship among the scale of the board of directors, the structure of the board of director... Board of directors is an important component part of corporate governance. As a governance mechanism, we empirically study relationship among the scale of the board of directors, the structure of the board of directors and the duality leadership structure with corporate performance in Chinese public companies. The result shows that the smaller scale of the board of the directors is, the better performance is. With the ownership structure changing better, the structure of the board of directors will change better and promote the performance. The duality leadership structure doesn't affect the corporate performance. The fundamental method for the governance effectiveness of the board is to set up the reasonable ownership structure and the marketing mechanism for occurrences in human . 展开更多
关键词 board of directors corporate governance corporate performance
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