文章基本信息

标题：Overseas listing, voluntary corporate governance and performance
本地全文：下载
作者：Lianfu Ma ; Deqiu Chen ; Li Gao 等
期刊名称：Frontiers of Business Research in China
印刷版ISSN：1673-7326
电子版ISSN：1673-7431
出版年度：2008
卷号：2
期号：3
页码：440-457
DOI：10.1007/s11782-008-0026-3
出版社：Higher Education Press, co-published with Springer-Verlag GmbH
摘要：This paper analyzes the evolution of Sinopec’s corporate governance system and performance in the domestic capital market after its overseas listing. Results show that Sinopec’s governance system successfully evolves from a mandatory type to a voluntary type as a result of conformation to legal regulatory systems in the overseas market as exogenous forces and company voluntary decision-makings as endogenous forces. Sinopec takes the initiative to carry out corporate governance innovation, which has significantly improved its performance in the domestic capital market.
关键词：overseas listing; voluntary governance; institution evolution; investor relations management; corporate performance
其他关键词：海外上市，自主性治理，制度演进，投资者关系管理，公司绩效