A Study On The Difference Between The Board Of Directors And Performance Of The Companies Based On The Economical Companies In Shang Hai And Shen Zhen

The board shareholders and managers are the core links.The system of corporate governance mechanism is mainly responsible for supervising the manager's control in the company and making strategic decisions for the development of the operation management company.The company's two-power separation background,if the board can give full play to the role of internal control,is a reasonable solution to the problem of the agency company,while reducing agency costs can improve the company's performance.Therefore,the standardization of the board structure and the effectiveness of decision-making have a significant impact on the structure of the corporate governance system,the improvement of corporate performance,and the maintenance of shareholder interests.However,the management of the Chinese board of directors is not satisfactory.There are many loopholes in management,and the performance of some listed companies has also declined.Therefore,both the theoretical and practical circles are concerned about the relationship between corporate performance and the effectiveness of board governance.This article has carried on the thorough research to the present situation of the governance of the board of directors of the listed company of our country and related concepts abroad,in order to offer the effective reference for our country's listed company to break through the bottleneck of company performance.This paper uses theoretical analysis and empirical research methods.Based on the existing relevant results,it first introduces the research background and research significance of the thesis,as well as the theory of the literature;second,the characteristics of the board of directors,combined with board performance and related factors,and the board of directors,the proportion of the number of independent directors,directors,the number of shares held by the board of directors,the size of the board of directors,two posts of the board of directors setting internal factors of board governance,from 2014 to 2016 data analysis window,establishing a regression model,and making relevant research hypotheses Third,with the help of 182 listed companies with SPSS22.0 software,descriptive statistical analysis,correlation analysis,and multiple regression were performed on 546 valid data,and the relationship between the governance factors of the board of directors and company performance was empirically studied.Finally,the erecommendations are put forward and the research prospects of this paper are elaborated.This paper draws the following conclusions: First,there is a positive correlation between board size and company performance.Second,the situation of the chairman and general manager is negatively related to the return on assets.Third,there is a weak positive correlation with the proportion of independent directors.Fourth,there is a weak positive correlation between the number of board meetings and the return on assets.Fifth,there is a positive correlation between the shareholding of the board of directors and the net asset value.Based on the above conclusions,put forward reasonable suggestions for listed technology companies: 1.Improve the efficiency and quality of the independent director system.2.Implementation of ESOP 3.Board meeting.Finally,our goal is to improve the company's performance.