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《China Industrial Economy》 2002-02
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Leadership Structure of Corporation and Performance

YU Dong-zhi, GU Li-ri(Dongbei University of Finance and Economics,Dalian116025,China )  
Leadership structure of corporation reflects independence degree of board of directors and space of executive innovation,so it is a very important and clear aspect of corporate governance. Positive analysis indicates that the relation between leadership structure and corporate performance isn't linear, and environment variables don't conciliate the relation. Determinative factors of corporate performance are so complicated and interdependent that we can't weigh by a single variable. Non-duality leadership structure isn't panacea. Essential determinative factors of corporate governance efficiency are reasonable equity structure and marketable mechanism of appointment and remove. Under the actual system, incomplete duality is a preferable choice.
【CateGory Index】: F272.91
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