Empirical Analysis of Companys Performance and Governance Structure of Listed Companies of High-Tech in China
This paper examines the relativity between the corporate governance structure and the corporate value in Chinas listed high-tech companies based on a sample of 40 enterprises listed on the Shanghai stock market and Shenzhen stock market. The result of study indicates that there are distinctively negative correlation between Tobins Q ratio and companys scale, and positive correlation between ROE and companys scale in enterprises of high-tech. By finding out the characteristics of corporate governance suitable for the corporate development, the paper contributes to bring forward some suggestion on perfecting corporate governance structure in the enterprises of high-tech in our country.
High-tech Corporate governance Relativity
LIU Ye QIN Lina
School of Business Administration, Northeastern University, P. R. China, 110004
国际会议
2006 Asia-Pacific Services Computing Conference(IEEE亚太地区服务计算会议)
广州
英文
258-264
2006-12-12（万方平台首次上网日期，不代表论文的发表时间）