Empirical research on the relationship between board governance and corporate performance

Abstract

Board governance is at the core of the corporate governance, to establish a standard and reasonable structure is the important content of perfecting corporate governance mechanism. Board governance in China is in its infancy, the listed company's board of directors' governance situation is worrying, problems like the unreasonable structure, lack of effective incentive, insufficient supervision and constraint still exist. In this context, this paper selected the China's A-share listed companies as samples, based on the result of the empirical research of 2011–2013 data, we found board size, the chairman and general manager conditions, the number of board meetings were negatively correlated with corporate performance; the number of committees and the proportion of board shareholding were positively correlated with corporate performance.