{"title":"监事会的有效性与独立性:来自中国2000-2009年的证据","authors":"Peng Wang","doi":"10.2139/ssrn.2223990","DOIUrl":null,"url":null,"abstract":"This paper examines the effectiveness and the independence board by using all firms listed on the main board of China from 2000 to 2009. I find significant inverse relationship between supervisory board size and firm performance. In addition, I find evidence of a significant nonmonotonic relationship, Tobin's Q and ROA first decline and then increase as the independence of supervisory board rises. The results are consistent with prior studies.","PeriodicalId":168140,"journal":{"name":"Corporate Governance: Internal Governance","volume":"20 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2013-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"The Effectiveness and Independence of Supervisory Board: Evidence from China 2000-2009\",\"authors\":\"Peng Wang\",\"doi\":\"10.2139/ssrn.2223990\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper examines the effectiveness and the independence board by using all firms listed on the main board of China from 2000 to 2009. I find significant inverse relationship between supervisory board size and firm performance. In addition, I find evidence of a significant nonmonotonic relationship, Tobin's Q and ROA first decline and then increase as the independence of supervisory board rises. The results are consistent with prior studies.\",\"PeriodicalId\":168140,\"journal\":{\"name\":\"Corporate Governance: Internal Governance\",\"volume\":\"20 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2013-02-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Corporate Governance: Internal Governance\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.2223990\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Corporate Governance: Internal Governance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.2223990","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The Effectiveness and Independence of Supervisory Board: Evidence from China 2000-2009
This paper examines the effectiveness and the independence board by using all firms listed on the main board of China from 2000 to 2009. I find significant inverse relationship between supervisory board size and firm performance. In addition, I find evidence of a significant nonmonotonic relationship, Tobin's Q and ROA first decline and then increase as the independence of supervisory board rises. The results are consistent with prior studies.