董事会与公司业绩关系再分析
摘要
基于代理观和资源依赖观对董事会与公司业绩关系的讨论受到了广泛的关注。最近对现有经验研究的元分析研究表明,董事会与公司业绩关系的经验结果是混合的或不具有统计意义的。本文介绍和讨论了这种关系的一种整合模型,并对未来研究提出了建议。
出处
《内蒙古科技与经济》
2005年第22期68-70,共3页
Inner Mongolia Science Technology & Economy
参考文献11
-
1Becker, G. 1964. Human capital. New York:Columbia University Press.
-
2Berle, A., Means, G. 1932. The modern corporation and private property. New York:Macmillan.
-
3Daily, C., Dalton, D., Cannella, J. Corporate governance: decades of dialogue and data.Academy of Management Review, 2003, (28) :371 -382.
-
4Dalton, D., Daily, C., Certo, S., Roengpitya, R. 2003. Meta- analyses of financial performance and equity: Fusion or confusion?Academy of Management Journal, 2003, (46) :13 -26.
-
5Dalton, D., Daily, C., Ellstrand, A.,Jonathan, L. Meta- analytic reviews of board composition, leadership structure, and financial performance. Strategic Manage-ment Journal, 1998, (19) :749-762.
-
6Davis, J., Schoorman, F., Donaldson, L.Toward a stewardship theory of management.Academy of Management Review, 1997, (22) :20- 47.
-
7Hillman, A,, Dalziel, T. Boards of directors and firm performance: Integrating agency and resource dependence perspectives. Academy of Management Review, 2003, (28) :383-396.
-
8Jensen, M., Meckling, W. Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 1976, (3) : 305- 360.
-
9Pfeffer, J., Salancik, G. The external control of organizations. A resource - dependence perspective. New York: Harper & Row, 1978.
-
10于东智.董事会、公司治理与绩效——对中国上市公司的经验分析[J].中国社会科学,2003(3):29-41. 被引量:345
二级参考文献13
-
1Borokhovich, Panino and Trapani, Outside Directors and CEO Selection.Journal of Financial and Quantitative Analysis, 31 (1996), pp. 337--355.
-
2Hermalin, Weisbach, The Determinants of Board Composition. Rand Journal of Economics 19 (1988), pp. 589-606.
-
3Hermalin, Weisbach, The Effects of Board Composition and Directors Incentives on Firm Performance. Financial Management, 20 (1992), pp. 101--112.
-
4Jensen and Murphy, Performance Pay and Top-Management Incentive. Journad of Politicial Economy, 3 (1990), pp. 225--264.
-
5Lipton, Lorsch, A Modest Proposal for Improved Corporate Governance. Business Lawyer, 48. no. 1, 1992, pp. 59--77.
-
6Wu, Yili, Honey, I Shrunk the Board, Working Paper, 2000, University of Chicago.
-
7Yermack, Higher Market Valuation of Companies with a Small Board of Directors. Jounud of Financial Economis, 40(1996), pp. 185--211.
-
8许小年,公司治理结构:中国的实践与美国的经验,2000年
-
9李怀祖,管理研究方法论,2000年
-
10胡汝银,上市公司,1999年
共引文献432
-
1柴文越.激励机制、监督机制与企业绩效的关系分析[J].现代商业,2020,0(2):155-158. 被引量:1
-
2胡艳,陈肖兰,张坤,周桐碧.混合所有制、董事会效率与企业非效率投资[J].投资研究,2020(6):36-51. 被引量:8
-
3袁继尚.比较法视角下再论我国上市公司内部监督机制改革[J].投资者,2020(2):51-63.
-
4彭艳.上市公司股权性质与公司绩效研究[J].财会通讯(学术版),2007(7):7-9. 被引量:2
-
5陈旭东,迟丹凤.上市公司独立董事与公司业绩相关性的实证研究[J].财会通讯(学术版),2007(8):8-14. 被引量:17
-
6魏彦珩.上市公司治理结构的法理思考[J].生产力研究,2007(21):49-52. 被引量:1
-
7田桂林.从公司治理视角看经营者股票期权[J].北方经贸,2006(10):80-82.
-
8黄亚斌.浅析我国实行独立董事制度的局限性[J].福州党校学报,2002(1):28-31.
-
9徐群.董事会规模与公司绩效的理论探讨[J].潍坊学院学报,2009,9(3):69-71.
-
10蔡玉程,王淑珍.董事会规模与公司绩效:理论回顾与启示[J].长白学刊,2007(2):107-109. 被引量:9
-
1田肇云,张群,王淑云.从资源依赖看物流外包[J].企业经济,2004,23(10):103-105.
-
2林嘉兴.基于资源依赖理论的企业集团财权配置研究[J].财会通讯(下),2009(7):118-120. 被引量:1
-
3段小华,鲁若愚.基于资源的企业能力理论述评[J].经济评论,2002(6):111-113. 被引量:17
-
4任旭,刘延平.基于资源依赖观点的企业战略联盟演变机理研究[J].新华文摘,2009(13):134-136.
-
5吴晓波,裘丽萍,章威.新产品开发中R&D营销界面有效性研究[J].研究与发展管理,2006,18(4):15-21. 被引量:7