Founder Governance and Corporate Performance: An Empirical Analysis Based on Chinese Internet Listed Companies

DOI

10.2991/icitme-18.2018.13How to use a DOI?

Keywords

Internet listed companies; founder; corporate governance; corporate performance

Abstract

The study of the relationship between the founder of governance and corporate performance in recent years attracted academic attention. Based on the sample of 2010-2016 years Internet listed companies in Shanghai and Shenzhen stock markets, this paper validates the relationship between founder governance and corporate performance through the construction of empirical model, and finds that the increase of founder's shareholding ratio can improve the financial performance of Internet listed companies, but it has nothing to do with market performance. The founder's senior management can improve the financial performance of the enterprise, but it has nothing to do with the market performance. At last, this paper gives some suggestions for improving the founder governance and corporate performance improvement of Internet companies.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Lin Xu
AU  - Wei Yue
AU  - Hongtao Xu
PY  - 2018/08
DA  - 2018/08
TI  - Founder Governance and Corporate Performance: An Empirical Analysis Based on Chinese Internet Listed Companies
BT  - Proceedings of the 2018 International Conference on Information Technology and Management Engineering (ICITME 2018)
PB  - Atlantis Press
SP  - 63
EP  - 66
SN  - 1951-6851
UR  - https://doi.org/10.2991/icitme-18.2018.13
DO  - 10.2991/icitme-18.2018.13
ID  - Xu2018/08
ER  -