Evaluation on the efficiency of financial governance of listed companies under split share structure reform

Shaofeng Zheng; Qinghua Huang

doi:10.1007/978-3-642-23065-3_54

Evaluation on the efficiency of financial governance of listed companies under split share structure reform

Shaofeng Zheng, Qinghua Huang

School of Artificial Intelligence, OPtics and Electronics

Northwest Agriculture and Forestry University

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

Abstract

The split share structure reform is a major institutional change of China's capital market, which has a long and great influence on China's capital markets and listed companies. In order to measure the impact of financial governance on share reform of listed companies, by the use of DEA, calculation and evaluation of the efficiency of financial governance, the paper clearly indicated the main factors that affect the financial governance: Institutional ownership, the largest shareholders, creditors, executive compensation, independent directors, which influence the efficiency of financial governance from the financial governance structure and mechanisms, therefore, they should be the starting point to improve financial governance efficiency.

Original language	English
Title of host publication	Education and Management - International Symposium, ISAEBD 2011, Proceedings
Pages	372-377
Number of pages	6
Edition	PART 3
DOIs	https://doi.org/10.1007/978-3-642-23065-3_54
State	Published - 2011
Event	2011 International Symposium on Applied Economics, Business and Development, ISAEBD 2011 - Dalian, China Duration: 6 Aug 2011 → 7 Aug 2011

Publication series

Name	Communications in Computer and Information Science
Number	PART 3
Volume	210 CCIS
ISSN (Print)	1865-0929

Conference

Conference	2011 International Symposium on Applied Economics, Business and Development, ISAEBD 2011
Country/Territory	China
City	Dalian
Period	6/08/11 → 7/08/11

Keywords

efficiency evaluation
financial governance
split share structure reform

Access to Document

10.1007/978-3-642-23065-3_54

Cite this

Zheng, S., & Huang, Q. (2011). Evaluation on the efficiency of financial governance of listed companies under split share structure reform. In Education and Management - International Symposium, ISAEBD 2011, Proceedings (PART 3 ed., pp. 372-377). (Communications in Computer and Information Science; Vol. 210 CCIS, No. PART 3). https://doi.org/10.1007/978-3-642-23065-3_54

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abstract = "The split share structure reform is a major institutional change of China's capital market, which has a long and great influence on China's capital markets and listed companies. In order to measure the impact of financial governance on share reform of listed companies, by the use of DEA, calculation and evaluation of the efficiency of financial governance, the paper clearly indicated the main factors that affect the financial governance: Institutional ownership, the largest shareholders, creditors, executive compensation, independent directors, which influence the efficiency of financial governance from the financial governance structure and mechanisms, therefore, they should be the starting point to improve financial governance efficiency.",

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Zheng, S & Huang, Q 2011, Evaluation on the efficiency of financial governance of listed companies under split share structure reform. in Education and Management - International Symposium, ISAEBD 2011, Proceedings. PART 3 edn, Communications in Computer and Information Science, no. PART 3, vol. 210 CCIS, pp. 372-377, 2011 International Symposium on Applied Economics, Business and Development, ISAEBD 2011, Dalian, China, 6/08/11. https://doi.org/10.1007/978-3-642-23065-3_54

Evaluation on the efficiency of financial governance of listed companies under split share structure reform. / Zheng, Shaofeng; Huang, Qinghua.
Education and Management - International Symposium, ISAEBD 2011, Proceedings. PART 3. ed. 2011. p. 372-377 (Communications in Computer and Information Science; Vol. 210 CCIS, No. PART 3).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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AB - The split share structure reform is a major institutional change of China's capital market, which has a long and great influence on China's capital markets and listed companies. In order to measure the impact of financial governance on share reform of listed companies, by the use of DEA, calculation and evaluation of the efficiency of financial governance, the paper clearly indicated the main factors that affect the financial governance: Institutional ownership, the largest shareholders, creditors, executive compensation, independent directors, which influence the efficiency of financial governance from the financial governance structure and mechanisms, therefore, they should be the starting point to improve financial governance efficiency.

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Evaluation on the efficiency of financial governance of listed companies under split share structure reform

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Keywords

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