Notice of RetractionResearch of company performance: Based on real estate listed company

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

More and more attention is paid to the performance of listed companies of China with the economic progress. The capital structure decision is crucial for any business organization. The decision is important because of the need to maximize returns to various organizational constituencies, and also because of the impact such a decision has on a firm´s ability to deal with its competitive environment. The independent director system has been playing very important role in the management of the companies. This paper applies principal analysis and OLS regression to study the relationship of the real estate listed company´s performance with debts, stock holds proportion and independent directors. We find that the more proportion the big stockholder holds, the lower performance the company has; the higher leverage, the higher performance is; and the more independent directors in the company, the higher the company´s performance is.