Independent Directorship and Corporate Performance: Some Further Testing from the China Case
Shan, Jordan and Qi, Jianhong (2007) Independent Directorship and Corporate Performance: Some Further Testing from the China Case. Modern Applied Science, 1 (4). pp. 22-29. ISSN 1913-1844
Abstract
This study attempts to re-examine several hypotheses suggested by the literature concerning the relationship between corporate governance and corporate performance using the data from China. The findings of the paper suggest that corporate performance in China is mostly influenced by other economic variables, not by corporate governance and the hypotheses that corporate governance will have positive on corporate performance is not valid. This poses a question for China as to whether the current top-down approach to corporate governance (which is largely based on duplicating the Anglo-American model) will be effective in linking the firm performance and independent directorship.
Item type | Article |
URI | https://vuir.vu.edu.au/id/eprint/3403 |
Official URL | http://www.ccsenet.org/journal/index.php/mas/artic... |
Subjects | Historical > Faculty/School/Research Centre/Department > School of Economics and Finance Historical > FOR Classification > 1402 Applied Economics |
Keywords | ResPubID13115, independent directorship, corporate governance, Chinese economy |
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