Research on Relationship Between Corporate Governance and Financial Performance of Port Listed Companies

This paper takes 17 port listed corporations in China as sample, and adopts typical correlation analysis theory to carry out canonical correlation analysis of corporate governance and financial performance of port listed corporation. It reflects corporate governance from three aspects by eight variables including shareholding structure, board structure and executive incentive. It reflects corporate performance from four aspects by eight variables including the profitability, solvency, operation ability and growth ability. The conclusions indicate that ownership concentration, proportion of independent directors and the number of board meeting have significant effects on corporate performance.