Empirical Study on the Relationship between Boards of Directors and Other Internal Governance Mechanisms in China

摘要：

In this study, we empirically examine the relationship between the board of directors and other internal governance mechanisms for Chinese listed companies, namely ownership structure, managerial sharehold ings and supervisory board behaviors. Our empirical results indicate that the degree of the fight for corporate control among large shareholders is negatively related to the ratio of independent directors. We have also found that the frequency of annual supervisory board meetings is positively related to the ratio of independent directors; however, managerial shareholdings have no significant effect on board composition.

关键词： Board of Directors Internal Governance Mechanisms Supervisory Board Ownership Structure Managerial Shareholding

作者: Jian ZHOU Xiaoyuan LIU Suying GAO

作者单位: Business School and the Center for Corporate Governance,Nankai University,China School of Management,Hebei University of Technology,China

会议类型: 国际会议

会议名称: 第六届企业跨国经营国际研讨会——转型经济中的企业管理

会议地点: 南京

会议语种:英文

页码: 120-127

在线出版日期: 2008-06-06（万方平台首次上网日期，不代表论文的发表时间）