公司治理对上市公司估值的影响分析

本文在分析公司治理机制的基础上,将影响公司治理的各个因素进行量化,通过构建上市公司估值模型,对公司治理影响估值进行实证分析.本文的结论是,公司治理对上市公司估值的影响很大;治理结构完善的公司,其估值水平相对较高,反之亦反之.

Quantitative Impact of Corporate Governance on Listed Companies Appraisal

The author starts with a quantification of various elements that impact corporate governance based on his analysis of the system. He makes an empirical study on corporate governance appraisal and comes to the conclusion that corporate governance does have enormous impact on corporate rating, which is testified by the fact that the better the management, the better the assessment.