The Impact of Board Capital on Performance of Chinas Listed Tourism Companies Based on the Moderating Effect of Leadership Structure

摘要：

　　Board capital shape how directors govern and offer advice to the firm and affect the ideas and resources that they provide.Based on data analyzed over a six-year period with a sample of 24 listed tourism companies in China, this paper examines the board capital and the moderating effect of leadership structure on firm performance.The results indicate that:Directors educational level has a negative effect on firm performance, and boardleadership structure negatively moderates this effect;However, boards leadership structure positively moderate the correlation between the boards political resources and firm performance.The enlightenment of this article is that board capital in Chinas listed tourism companies has not been fully utilized, and leadership structure positively moderates the correlation between boards political resources and firm performance.

关键词： Listed Tourism Companies Board Capital Leadership Structure Firm Performance

作者: Li Muchun Xu Tianqi Liu Tingting

作者单位: School of Economics and Commerce, South China University of Technology,Guangzhou, 510006, China

会议类型: 国际会议

会议名称: The Seventeenth Wuhan International Conference on E-Business(第17届武汉电子商务国际会议)

会议地点: 武汉

会议语种:英文

页码: 572-582

在线出版日期: 2018-05-25（万方平台首次上网日期，不代表论文的发表时间）