A Study of the Impact of Corporate Governance on Delisting of Listed Companies in China

According to the principle of the same period, the same industry and similar scale, 89 delisting companies and 89 health companies in China's main board market from 1999 to 2019 are matched. Taking these companies as the research samples, the influence of corporate governance on delisting of listed companies in China is studied by means of logistic regression method. The results show that the number of directors and executives have a significant impact on the delisting of listed companies, while the shareholding ratio of the board of directors, the integration of two positions, the shareholding ratio of executives and the shareholding ratio of management have an impact on the delisting of listed companies to a certain extent.