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《Commercial Research》 2006-04
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A Positive Analysis of the Relationship Between Corporate Governance and Performance:On Chinese Listed Companies in Competitive Industry

XIA He-ping~1,ZHAO Xi-liang~2,YUAN Guang-hua~3(1.School of Economics and Management,Tsinghua University,Beijing 100084,China;)  
This paper samples 126 listed companies in competitive industries in 2002 to verify the relationship between corporate governance and performance from internal and external governance mechanism.It turns out that decentralized ownership,higher outside director ratio and higher managers' incentives have positive effect on corporate performance,and that whether the top owner is juridical person,the independent director ratio and whether the companies are listed outside of mainland(dont) have significant effect on corporate performance.
【CateGory Index】: F224
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