商业经济
商業經濟
상업경제
BUSINESS ECONOMY
2014年
11期
106-108
,共3页
辽宁%上市公司%董事会报告%透明度%影响因素%建议
遼寧%上市公司%董事會報告%透明度%影響因素%建議
료녕%상시공사%동사회보고%투명도%영향인소%건의
Liaoning%listed company%directors' report%transparency%influential factor%suggestion
以46家辽宁上市公司为样本，对影响董事会报告透明度因素的研究发现：股权集中度、管理层持股比例、董事会规模、独立董事比例与董事会报告透明度呈正相关关系；股权制衡度，董事长与总经理是否两职合一，审计意见类型与董事会报告透明度呈负相关关系。上市公司应该通过股票期权等方式提升管理人员的持股比例，激励他们积极治理公司，提高董事会报告信息披露的透明度；上市公司第二大股东应适度提高持股比例，防止一股独大现象；同时减少董事长与总经理两职合一，也会有助于提高董事会报告的透明度。
以46傢遼寧上市公司為樣本，對影響董事會報告透明度因素的研究髮現：股權集中度、管理層持股比例、董事會規模、獨立董事比例與董事會報告透明度呈正相關關繫；股權製衡度，董事長與總經理是否兩職閤一，審計意見類型與董事會報告透明度呈負相關關繫。上市公司應該通過股票期權等方式提升管理人員的持股比例，激勵他們積極治理公司，提高董事會報告信息披露的透明度；上市公司第二大股東應適度提高持股比例，防止一股獨大現象；同時減少董事長與總經理兩職閤一，也會有助于提高董事會報告的透明度。
이46가료녕상시공사위양본，대영향동사회보고투명도인소적연구발현：고권집중도、관리층지고비례、동사회규모、독립동사비례여동사회보고투명도정정상관관계；고권제형도，동사장여총경리시부량직합일，심계의견류형여동사회보고투명도정부상관관계。상시공사응해통과고표기권등방식제승관리인원적지고비례，격려타문적겁치리공사，제고동사회보고신식피로적투명도；상시공사제이대고동응괄도제고지고비례，방지일고독대현상；동시감소동사장여총경리량직합일，야회유조우제고동사회보고적투명도。
Taking the example of 46 listed companies in Liaoning, the study funds that there is a positive correlation between the trans-parency of directors' reports and other influential factors such as stock right concentration, level of managerial share ownership, board size, and the ratio of independent directors. The negative correlation occurs between the transparency and other factors such as equity balance degree, the duality of CEO and chairman and audit opinion. Listed companies shall raise the shareholding ratio of administrative staff by means of stock option to inspire them to govern the companies vigorously in a way that helps increase the transparency. The second largest shareholders of listed companies need to raise the shareholding proportion for preventing a single-largest shareholder. Reducing the oc-currence of the duality of CEO and chairman will also help improve the transparency.
