Title :
Empirical Analysis of Company´s Performance and Governance Structure of Listed Companies of High-Tech in China
Author :
Ye Liu ; Lina Qin
Author_Institution :
Sch. of Bus. Adm., Northeastern Univ.
Abstract :
This paper examines the relativity between the corporate governance structure and the corporate value in China´s listed high-tech companies based on a sample of 40 enterprises listed on the Shanghai stock market and Shenzhen stock market. The result of study indicates that there are distinctively negative correlation between Tobin´s Q ratio and company´s scale, and positive correlation between ROE and company´s scale in enterprises of high-tech. By finding out the characteristics of corporate governance suitable for the corporate development, the paper contributes to bring forward some suggestion on perfecting corporate governance structure in the enterprises of high-tech in our country
Keywords :
social aspects of automation; stock markets; Shanghai stock market; Shenzhen stock market; Tobin Q ratio; corporate governance structure; corporate value; Companies; Humans; Internet; Investments; Manufacturing; Performance analysis; Risk management; Silicon; Stock markets; Uncertainty; Corporate governance; High-tech; Relativity;
Conference_Titel :
Services Computing, 2006. APSCC '06. IEEE Asia-Pacific Conference on
Conference_Location :
Guangzhou, Guangdong
Print_ISBN :
0-7695-2751-5
DOI :
10.1109/APSCC.2006.49
