Research on Relationship between Board Characteristics and Investment

摘要：

Based on data in annual reports of listed companies related to innovative enterprises in China, an econometric model is created to explain the operation about the board features on innovative inputs. The empirical studies have shown that President Stock Ownership Plans(PSOP) and scale of the board(SOB) have significant positive effects, executive director(ED) has a significant negative impact and the directors from large shareholders(DLS) has no significant influence on the investment in technological innovation.

关键词： major shareholders board features innovation inputs decision-making

作者: XU Wei YIN Yuanjia

作者单位: School of Management, University of Jinan, P.R.China, 250022

会议类型: 国际会议

会议名称: The 3rd International Institute of Statistics & Management Engineering Symposium(2010 国际统计与管理工程研讨会 IISMES)

会议地点: 威海

会议语种:英文

页码: 1003-1007

在线出版日期: 2010-07-24（万方平台首次上网日期，不代表论文的发表时间）