摘要
公司治理水平是公司绩效的关键驱动因素,而独立董事对于完善公司治理并提升治理水平具有重要作用。本文以上市公司为样本,通过建立灰色关联分析(GRA)模型对独立董事参与公司治理的诸因素与公司绩效间的内在关系进行了实证研究。研究表明,在独立董事参与公司治理的四个影响因素中,影响公司绩效最重要的因素是独立董事的报酬,最弱是独立董事的职业背景。这为监管机构改进对独立董事认知的规定和构建科学有效的独立董事治理机制提供实证依据。
Corporate governance level is the key factor influencing the performance of company. Independent directors play important roles to perfect corporate governance. Taking samples from Chinese listed companies, the article studies the correlative relationship between independent director and the performance of company by GRA model with empirical research method. It derives the conclusion that independent director＇ s pay is most important among the four factors of independent director, whilethe independent director＇ s professional background is weakest. This will help monitoring dept further understand independent director and establish effective independent director system.
出处
《经济管理》
CSSCI
北大核心
2006年第18期21-26,共6页
Business and Management Journal ( BMJ )
基金
北京市优秀人才培养专项经费资助项目"中国上市公司组合治理机制研究"阶段性成果
项目编号:20041D0101107。
关键词
独立董事
公司治理
公司绩效
灰色关联分析
independent director
corporate governance
performance of company
grey relative analysis
