An Empirical Study on Corporate Governance Structure and Performance of Chinese Listed Tourism Companies

被引:0
|
作者
Wang Liangju [1 ]
机构
[1] Anhui Univ Finance & Econ, Sch Business, Bengbu 233030, Peoples R China
关键词
Corporate Governance; Board; Ownership Structure; Corporate Performance;
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This paper examines the relation between corporate governance structure and performance with panel data of 20 Chinese listed tourism companies from 2002 to 2007. The empirical evidence shows that there is an inverse U relationship between board size and performance; independent directors' proportion is positively related with performance; state-owned shares proportion has a significant negative correlation with performance; the first shareholder's shares proportion has an inverse U correlation with performance; the positive correlation between non-controlling shareholder's shares proportion and performance is not significant.
引用
收藏
页码:1482 / 1489
页数:8
相关论文
共 50 条
  • [21] Ownership structure as corporate governance mechanism: Evidence from Chinese listed companies
    Chen, J
    ECONOMICS OF PLANNING, 2001, 34 (1-2): : 53 - 72
  • [22] Empirical Study on the Capital Structure Affecting Performance and Growth of Tourism Listed Companies in China
    Qin, Zhigang
    PROCEEDINGS OF 2008 INTERNATIONAL SYMPOSIUM ON CHINA HOSPITALITY AND TOURISM MANAGEMENT, 2008, : 121 - 126
  • [23] An Empirical Study on Ownership Structure and Corporate Performance of China's Listed Chemical Companies
    Zhang Shengyou
    Wang Jinfeng
    PROCEEDINGS OF THE 15TH INTERNATIONAL CONFERENCE ON INDUSTRIAL ENGINEERING AND ENGINEERING MANAGEMENT, VOLS A-C, 2008, : 2298 - 2302
  • [24] Debt Financing and Corporate Governance: An Empirical Study Based on Listed Companies in China
    Huang Wenqing
    PROCEEDINGS OF THE 5TH INTERNATIONAL SYMPOSIUM FOR CORPORATE GOVERNANCE, BOOKS 1 AND 2, 2009, : 400 - 408
  • [25] Backgrounds of Independent Directors and Corporate Performance: An Empirical Study on Chinese Listed Financial Services Companies
    Guo, Yan
    Lu, Lei
    TECHNOLOGY FOR EDUCATION AND LEARNING, 2012, 136 : 287 - +
  • [26] Backgrounds of independent directors and corporate performance: An empirical study on Chinese listed financial services companies
    Guo, Yan
    Lu, Lei
    Advances in Intelligent and Soft Computing, 2012, 136 : 287 - 294
  • [27] An Empirical Study of the Relationship Between Corporate Dividend Policy and Financial Performance of Chinese Listed Companies
    Li Ji-ming
    Wang Zhao-hua
    2009 ISECS INTERNATIONAL COLLOQUIUM ON COMPUTING, COMMUNICATION, CONTROL, AND MANAGEMENT, VOL I, 2009, : 190 - +
  • [28] Empirical Research on Enterprise M&A Performance in Chinese Tourism Listed Companies
    Shi, Fang
    Zheng, Li-na
    Hu, Zhi-chao
    2013 INTERNATIONAL CONFERENCE ON ADVANCED EDUCATION TECHNOLOGY AND MANAGEMENT SCIENCE (AETMS), 2013, : 147 - 152
  • [29] An empirical study on the asset-light operation and corporate performance of China?s tourism listed companies
    Liang, Shi
    Yu, Ruichao
    Liu, Zhenwei
    Wang, Wei
    Wu, Linrong
    Hu, Xuanming
    HELIYON, 2023, 9 (02)
  • [30] An Empirical Study of the Impact of Institutional Investors on Corporate Governance and Corporate Performance, Base on Samples of Familial Listed Companies in China
    Li, Yingzhao
    Huang, Min
    CONFERENCE ON WEB BASED BUSINESS MANAGEMENT, VOLS 1-2, 2010, : 841 - 845