哈尔滨商业大学学报(社会科学版)
哈爾濱商業大學學報(社會科學版)
합이빈상업대학학보(사회과학판)
Journal of Harbin University of Commerce (Social Science Edition)
2015年
5期
71-79
,共9页
创业板%上市公司%董事会%财务风险
創業闆%上市公司%董事會%財務風險
창업판%상시공사%동사회%재무풍험
GEM%listed companies%the board of directors%financial risk
选取创业板上市公司2011—2013年的相关数据,对董事会治理结构和财务风险的相关性进行了深入研究,从董事会治理的角度为企业防范财务风险提供了建议。研究表明:董事会会议频率和财务风险正相关;董事薪酬、董事持股比例和财务风险负相关;独立董事和上市公司工作地点一致的企业的财务风险显著小于不一致的企业;而董事会规模、独立董事比例、董事长和总经理是否二职合一对财务风险没有显著影响。
選取創業闆上市公司2011—2013年的相關數據,對董事會治理結構和財務風險的相關性進行瞭深入研究,從董事會治理的角度為企業防範財務風險提供瞭建議。研究錶明:董事會會議頻率和財務風險正相關;董事薪酬、董事持股比例和財務風險負相關;獨立董事和上市公司工作地點一緻的企業的財務風險顯著小于不一緻的企業;而董事會規模、獨立董事比例、董事長和總經理是否二職閤一對財務風險沒有顯著影響。
선취창업판상시공사2011—2013년적상관수거,대동사회치리결구화재무풍험적상관성진행료심입연구,종동사회치리적각도위기업방범재무풍험제공료건의。연구표명:동사회회의빈솔화재무풍험정상관;동사신수、동사지고비례화재무풍험부상관;독립동사화상시공사공작지점일치적기업적재무풍험현저소우불일치적기업;이동사회규모、독립동사비례、동사장화총경리시부이직합일대재무풍험몰유현저영향。
We selected the relevant data of GEM listed companies from 2011 to 2013, and the correlation between the board of directors governance structure and financial risk were studied.Research shows that:the board meeting frequency is positively related to the financial risk;director com-pensation, director ownership is negatively related with financial risk ;and if the place where the company is located is inconsistent with the inde-pendent directors'workplace ,the company's financial risk is significantly less than others.Whether Chairman also perform the responsibility of gen-eral manager isn't related to financial risk, and the board size, independent directors proportion has no significantly influence on financial risk.