文章基本信息

标题：Research on the Correlation between Corporate Governance and Performance with Different External Competitive Intensity
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作者：Zhang Xiaoyi ; Feng Yazhu
期刊名称：Journal of Finance and Economics
印刷版ISSN：2328-7284
电子版ISSN：2328-7276
出版年度：2017
卷号：5
期号：2
页码：61-64
DOI：10.12691/jfe-5-2-3
出版社：Science and Education Publishing
摘要：In the long-term practice of corporate governance, corporate governance system has been improved, and formed a set of interrelated governance system. According to its function, it can be divided into: incentive mechanism, supervision mechanism, agency competition mechanism, and external governance mechanism. This paper selects the financial data of listed companies of Shanghai Stock Exchange in 2014-2015 as samples. Through regression analysis, it is concluded that the more competitive the environment is, the weaker the corporate performance is sensitive to corporate governance.
关键词：external competitive intensity corporate governance corporate performance