Performance Study of Corporate Governance Based on EVA

被引:0
|
作者
Feng Chuanqing [1 ]
Yuan Xuemei [1 ]
机构
[1] Univ Jinan, Sch Econ, Jinan 250022, Peoples R China
关键词
Corporate governance; Enterprise performance; EVA;
D O I
暂无
中图分类号
D0 [政治学、政治理论];
学科分类号
0302 ; 030201 ;
摘要
The paper uses EVA as a new performance measure through 1215 companies of Shanghai and Shenzhen Stock Market to analyze the relationships between internal governance structure and EVA. The results show that corporate performance is significant "boolean AND-style" with the former 5 largest stock-holders, the former 10 largest stock-holders and the after 9 largest stock-holders in the former 10 largest stock-holders. The percentage of the state-owned shareholding is "U-style" relate with firm performance. There is a negative relation between board size, the annual numbers of board meeting, board chairman part time general manager and firm performance. Farther, there is a positive relation between managers' revenue and firm performance.
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页码:582 / 587
页数:6
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