摘要
对深沪两地 41家已建立独立外部董事制度的上市公司的经验分析表明 ,中国上市公司的经营业绩与独立外部董事之间存在不显著的相关关系 ,上市公司的经营业绩在很大程度上并不受独立外部董事的影响 ,现阶段上市公司的公司治理中独立外部董事制度对公司经营业绩的改善尚未能起到应有的作用。
This paper studies the outside independent directors' performance in 41 publicly held companies in Shenzhen and Shanghai Stock Exchange. The results of this empirical test indicate that there is an insignificant relationship between the firm's performance and outside independent board. To some extent, firms' performance is not influenced by the composition of board. It implies that outside independent directors still do not play an important role in corporate governance in China.
出处
《世界经济》
CSSCI
北大核心
2002年第7期55-62,共8页
The Journal of World Economy
基金
"教育部优秀青年教师资助计划项目"资助
