| 公司治理指数与资本结构治理效应 |
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| 引用本文： | 黄辉,潘龙萍.公司治理指数与资本结构治理效应[J].山西财经大学学报,2008,30(5):84-88. |
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| 作者姓名： | 黄辉 潘龙萍 |
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| 作者单位： | 1. 华中科技大学,管理学院,湖北,武汉,430074;重庆工商大学,会计学院,重庆,400067
2. 重庆工商大学,会计学院,重庆,400067 |
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| 摘 要： | 通过实证分析公司治理水平对资本结构治理和企业绩效的影响发现,公司治理指数与资产负债率偏离行业均值的程度显著负相关,与企业的主营业务利润率、经济增加值比率显著正相关,与托宾Q值正相关但不显著。这说明,企业要充分重视公司治理结构与资本结构的互动作用,以提高企业的经营业绩和成长价值。
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| 关 键 词： | 公司治理指数 资本结构 企业绩效 |
| 文章编号： | 1007-9556(2008)05-0084-05 |
| 修稿时间： | 2008年3月25日 |
Corporate Governance Index and Governance Effect of Capital Structure in China |
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| HUANG Hui,PAN Long-ping.Corporate Governance Index and Governance Effect of Capital Structure in China[J].Journal of Shanxi Finance and Economics University,2008,30(5):84-88. |
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| Authors: | HUANG Hui PAN Long-ping |
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| Abstract: | This paper has an empirical analysis on the relationship between corporate governance index and governance effect of capital structure.The authors find that corporate governance index has a negatively influence on the distance between firm and industry in ratio of asset-liability,and a positive influence on the profit rate in principal business,the proportion of economic value added to total assets and the Tobin's Q.The empirical results imply that firm must both enhance corporate governance and optimize capital structure to increase the corporate performance and firm value. |
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| Keywords: | corporate governance index capital structure corporate performance |
| 本文献已被 CNKI 维普 万方数据 等数据库收录！ |
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