An Empirical Study on Firm Performance and Governance in New Ventures

被引：0
|
作者：
Guo, Baochun [1 ]
机构：
[1] Jinan Univ, Sch Management, Guangzhou 510632, Guangdong, Peoples R China
来源：
ADVANCES IN BUSINESS INTELLIGENCE AND FINANCIAL ENGINEERING | 2008年 / 5卷
关键词：
Corporate governance; New ventures; Performance; Stakeholder;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
New ventures governance mechanisms are different from others. In this paper, we attempt to investigate the relationship between various corporate governance mechanisms and performance based on the view of stakeholders in new ventures. Using the empirical data of small and medium listed companies in China in 2006, we observe that frequencies of the board meetings, CEO pay, if the senior managers' stock ownership is at least 5% but not over 25% of total shares outstanding, transparency of financial reporting, and the size of new venture are positively associated with new venture performance, while the change of CEO, stock intensive ratio, current stock ratio, and debt ratio are negatively associated with new venture performance.
引用
收藏
页码：259 / 266
页数：8
相关论文
共 50 条
  • [1] Corporate governance and firm performance in new technology ventures
    Di Berardino, Daniela
    [J]. 3RD GLOBAL CONFERENCE ON BUSINESS, ECONOMICS, MANAGEMENT AND TOURISM, 2016, 39 : 412 - 421
  • [2] Dynamic Capabilities and Firm Performance: An Empirical Study of Chinese New Ventures
    Ge, Baoshan
    Dong, Baobao
    [J]. FOURTH INTERNATIONAL CONFERENCE ON COOPERATION AND PROMOTION OF INFORMATION RESOURCES IN SCIENCE AND TECHNOLOGY (COINFO 2009), 2009, : 113 - 117
  • [3] An empirical study of corporate governance mechanisms and firm performance
    Lan, Xiao C.
    Li, Ying M.
    [J]. PROCEEDINGS OF 2007 IEEE INTERNATIONAL CONFERENCE ON GREY SYSTEMS AND INTELLIGENT SERVICES, VOLS 1 AND 2, 2007, : 1297 - 1301
  • [4] Corporate governance and firm performance in Russia: an empirical study
    Judge, WQ
    Naoumova, I
    Koutzevol, N
    [J]. JOURNAL OF WORLD BUSINESS, 2003, 38 (04) : 385 - 396
  • [5] IT Governance and Firm Performance: Empirical Study From Saudi Arabia
    Hamdan, Allam
    Khamis, Reem
    Anasweh, Mohammed
    Al-Hashimi, Mukhtar
    Razzaque, Anjum
    [J]. SAGE OPEN, 2019, 9 (02):
  • [6] FIRM AND INDUSTRY EFFECTS ON FIRM PERFORMANCE: A GENERALIZATION AND EXTENSION FOR NEW VENTURES
    Short, Jeremy C.
    McKelvie, Alexander
    Ketchen, David J., Jr.
    Chandler, Gaylen N.
    [J]. STRATEGIC ENTREPRENEURSHIP JOURNAL, 2009, 3 (01) : 47 - 65
  • [7] Corporate Governance and Firm Performance: An Empirical Study from Indonesian Manufacturing Firms
    Hermuningsih, Sri
    Kusuma, Hadri
    Cahyarifida, Rahma Anzalia
    [J]. JOURNAL OF ASIAN FINANCE ECONOMICS AND BUSINESS, 2020, 7 (11): : 827 - 834
  • [8] The impact of entrepreneurs' cognitive flexibility on the business performance of New Ventures: an empirical study based on Chinese New Ventures
    Wang, Qingjin
    Shi, Renbo
    Zhang, Kaiyun
    Han, Changlin
    Gao, Yang
    [J]. CURRENT PSYCHOLOGY, 2023, 42 (28) : 24668 - 24681
  • [9] The impact of entrepreneurs’ cognitive flexibility on the business performance of New Ventures: an empirical study based on Chinese New Ventures
    Qingjin Wang
    Renbo Shi
    Kaiyun Zhang
    Changlin Han
    Yang Gao
    [J]. Current Psychology, 2023, 42 : 24668 - 24681
  • [10] Resource Portfolio Structuring and Venture Performance: an Empirical Study of New Ventures
    Ge, Baoshan
    Chang, Guanqun
    [J]. ECBI: 2009 INTERNATIONAL CONFERENCE ON ELECTRONIC COMMERCE AND BUSINESS INTELLIGENCE, PROCEEDINGS, 2009, : 310 - +
12345