公司治理与绩效关系研究最新进展

公司治理的重要性已经得到理论界和实务界的认可。本文从两个方面论述了好的公司治理能够带来的影响,一方面好的公司治理能够提高管理效率,降低代理成本,进而提升财务绩效;另一方面,好的业绩使公司在资本市场上有更好的表现,即市场绩效,体现为公司治理溢价的存在。

The Latest Research Developments about the Relationship between Corporate Governance and Performance

The importance of corporate governance gets theoretical and practical recognition. This article discusses the impact of good corporate governance from two aspects, on the one hand, good corporate governance leads to higher management efficiency and lower agency costs, and improves financial performance; on the other hand, corporate gets good market performance in capital markets, which is reflected in the existence of corporate governance premium.