發(fā)布時間：2016-05-03 16:14

1 Background of research 背景研究

隨著公司的出現(xiàn)和發(fā)展，公司治理也應(yīng)運而生，成為專家學(xué)者們關(guān)注的話題。英國作為第一個國家出現(xiàn)的公司之一，公司治理體系經(jīng)歷了從最初孕育到成熟發(fā)展的漫長過程。吉百利報告是英國公司治理發(fā)展的里程碑事件，它要求董事作出聲明，詳細說明了公司治理的有效性，，需要公司成立審計委員會，強調(diào)內(nèi)部審計的日常監(jiān)督是內(nèi)部控制的組成部分。其實，吉百利報告成為其他國家建立法人治理的保險絲。英國公司治理的發(fā)展是調(diào)整企業(yè)內(nèi)部的責(zé)任和權(quán)利的過程。目標是通過對不同權(quán)利的平衡，保持相關(guān)的利潤。隨著100年的發(fā)展，英國的公司治理變得更加科學(xué)合理。公司治理是否能提高公司績效，公司治理能改善公司績效？本文主要研究公司治理與公司績效之間的關(guān)系，有利于推動公司治理與公司績效的提升。With the emergence and development of the company, the corporate governance also emerges, and became focus topic study for experts and scholars. The United Kingdom as the one of the first country emergence company, the corporate governance system experienced a long process from the initial inoculation to the mature development. The Cadbury report is the milepost event of corporate governance development for UK, it requires the director of board make a statement to detail description the effectiveness of corporate governance, require the company establishment the audit committee, stressed that the daily supervision of internal audit is the integral part of internal control. Actually the Cadbury report became fuse for other countries to establish corporate governance. The development of corporate governance of UK is the process of adjustment the internal corporate responsibility and right continuous. The objective is keep the profit of correlation through balance of different rights. As the 100 years development, the corporate governance of UK has become more scientific and reasonable. Whether the corporate governance can improve the performance of company, what corporate governance can improve the performance of company? This paper will mainly research the relationship between corporate governance and performance of company; it will benefit to promote corporate governance and performance of company.

2 Literature reviews 文獻

They are many experts research the relationship between corporate governance and performance of company, and found some important conclusions. Cadbury(1992)give the corporate governance defines as “the system by which companies are directed and controlled”. Thomsen(2000) research the relationship between concentration of shareholders structure and performance、valuation of corporation based on more than 400 companies in Europe. Weisbash(2007) research the relationship between directors and performance of corporation, and found the board of directors with external directors accounting the leader position will play a important role when the performance of corporation decrease, or face to restructuring. Pamela Kent & Jenny Stewart(2010)choice the sample of Australia to research the corporate governance and company performance, and found the board sub-committees can enhance the performance of company, when use the ROA and Tobin’s Q measure the performance of company. while the independent directors, has a negative impact on the performance of company, however, there are conflicting significant results between the accounting and market measures for having a dual CEO/chairperson and board size. Uadiale (2010) focused on the board composition in Nigerian companies using 30 companies that were listed on Nigerian Stock Exchange (NSE) in 2007 and analyzed whether board structure (more specifically the proportion of NEDs)  had an effect on CFP, which measured by ROCE and ROE.  His study positively found the association between NEDs and CFP. Supriti Mishra and Pitabas Mohanty(2014)researched the corporate governance as a value driver for firm performance based on India, and found not only the board indicators influence the firm performance significantly, but also the proactive indicators influence the firm performance significantly, while legal compliance indicator does not do so, the composite corporate governance measure is a good predictor of firm performance.

3 Research Objectives 

4 Research Question
5 The content and structure of paper
6 Data resource 

7 Methodology 

8 References 文獻

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