Study on the Relativity between Small and Medium Enterprises Governance Structure and Enterprise Competitiveness
This paper uses canonical analysis method. It puts forward hypothesis about the interrelation between the governance structure of small and medium enterprises and performance level of enterprise competitiveness. By these analysis, the first canonical of the former can affective the variation of the latter, but the latter cannot. The appropriate growth of variable indexes is helpful to improve the level of enterprises governance structure. These indexes include moderate concentration of ownership scale and structure, shareholding proportion of direct and senior manager, external governance, the incentive of top management and so on. The authors come to the conclusion that the governance structure of small and medium enterprises can improve the performance level of enterprise competitiveness, especially the function of the Tobins Q.
small and medium enterprises (SME) governance structure enterprise competitiveness canonical analysis
Yonghua Zhu Yanyan Wang Bing Feng
School of Economic Administration, Wuhan Institute of Technology, Wuhan, 430074, China
国际会议
第八届武汉电子商务国际会议(The Eighth Wuhan International Conference on E-Business)
武汉
英文
2953-2959
2009-05-30（万方平台首次上网日期，不代表论文的发表时间）