Corporate Strategy, Cognition of Outside Director and Board Structure
Board structure is an important factor of board governance and the focus to solve the problem of corporate governance. This paper use Principal-agent Theory and Game Theory to construct the optimal corporate board structure model and do research on the interaction mechanism between the optimal board structure and efficiency of board governance according to corporate strategy and cognition of outside director. Then we complete the mechanism of corporate governance and raise some advices for the construction of the board and improving the efficiency of board governance.
Corporate strategy Cognition of independent directors Board structure
ZHAO Changwen LIU Lu WANG Ping
School of Management, Sichuan University, China, 610064
国际会议
The Sixth International Symposium on Corporate Governance(第六届公司治理国际研讨会)
大连
英文
581-585
2011-08-20(万方平台首次上网日期,不代表论文的发表时间)