A Study on Governance Efficiency of Listed Companies in Financial Industry
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Abstract
The sample data of 28 listed companies in China's financial industry from 2007 to 2015 are selected to analyze the efficiency of corporate governance. Empirical results show that there is a significantly negative relationship between the size of the board of directors and corporate performance, a significantly positive relationship between the size of the board of supervisors and corporate performance, no significantly negative relationship between the proportion of independent directors and corporate performance, a significantly negative relationship between the size and performance of company executives, and a significantly positive relationship between managerial compensation motivation and corporate performance.
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