基于公司治理视角的文化传媒类上市公司经营绩效

发布时间：2018-03-31 00:23

本文选题：文化传媒　切入点：上市企业　出处：《东北师范大学》2017年硕士论文

【摘要】：长期以来,公司治理不但在企业日常发展中扮演着重要作用,也成为了学术界探讨的热点话题,尤其是公司治理与经营绩效的关系问题更是如此。在经历了十多年的股权分置改革后,我国的上市企业在公司治理方面更加成熟,因此对上市公司的公司治理与经营绩效展开研究既是检验我国股权分置改革的成效,也能为我国的上市公司在公司治理中提供可行性的建议。文化传媒产业作为我国第三产业的重要组成部分,在社会经济发展中扮演着重要角色,其上市企业的公司治理状况反映了整个行业的公司治理状况。因此本文从公司治理与经营绩效的关系出发,对我国的文化传媒上市企业的公司治理和经营绩效展开研究,并对其在完善公司治理方面提出相关建议。本文一共分为五个部分。第一部分,介绍文章的研究背景、研究目的和意义以及研究所使用的方法。第二部分,介绍关于公司治理和经营绩效关系的相关理论,并分析了国内外学者对公司治理和经营绩效所进行的研究,具体包含了股权结构与经营绩效的关系,董事会治理与经营绩效的关系,监事会治理与经营绩效的关系,高管人员激励与经营绩效的关系。第三部分则是介绍了我国文化传媒类上市公司的发展现状与公司治理特征,并进一步阐述股权结构、董事会治理、监事会治理和高管人员激励机制与公司的经营绩效的关联性。第四部分则采用实证分析的方法,选取了第一大控股股东持股比例、第二大股东持股总量与第一大股东持股量之比、董事会规模、独立董事占董事会成员的比例、董事长和总经理两职合一状况、监事会规模、高管人员持股比例作为解释变量,选取公司的净资产收益率作为被解释变量,并把公司规模、资本结构作为控制变量,利用2012年至2015年的文化传媒类上市公司的截面数据进行相关性分析和多元回归分析。第五部分,根据分析结果,对我国文化传媒类上市公司如何进行公司治理、提高经营绩效提出对策和建议。
[Abstract]:For a long time, the corporate governance plays an important role not only in the daily development of enterprises, has become a hot topic in academic research, especially the relation between corporate governance and company performance. After more than 10 years after the reform of non tradable shares, the listed companies are more mature in terms of corporate governance, therefore, corporate governance of listed companies and business performance research is a test of China's share reform results, also can provide feasible suggestions for China's Listed Companies in corporate governance. The cultural media industry as an important part of China's third industries, plays an important role in the development of social economy, the company the governance of listed companies reflects the status of corporate governance of the whole industry. Therefore this paper from the perspective of the relationship between corporate governance and business performance, on China's cultural media enterprises In the corporate governance and operating performance is studied, and the related suggestions on perfecting corporate governance. This paper is divided into five parts. The first part introduces the background of the research, the method used by the purpose and significance of research and research. The second part introduces the relevant theories about corporate governance and business performance, and analyzes the research on corporate governance and operating performance of domestic and foreign scholars, including the relationship between ownership structure and business performance of the relationship between board governance and corporate performance, the board of supervisors governance and operating performance, the relationship between incentive and performance of senior executives. The third part is introduced. The governance characteristics and current status of the development of cultural media company in China listed companies, and further analyzes the ownership structure, board governance, governance of the board of supervisors and senior executives and the company's incentive mechanism Association of business performance. The fourth part is the empirical analysis method, selecting the largest proportion of controlling shareholders, second shareholders and the total ratio of the first largest shareholder, the size of the board of directors, independent directors accounted for the proportion of board members, chairman and general manager of the two level one, the size of the board of supervisors and executive shareholding ratio as explanatory variables, selection of the company's net assets yield as explanatory variables, and the company size, capital structure as control variables, correlation analysis and multiple regression analysis using the cross-section data of culture media listed companies from 2012 to 2015. In the fifth part, according to the results of the analysis, how to carry out the corporate governance on Chinese culture media listed companies, puts forward the countermeasures and suggestions to improve business performance.

【学位授予单位】：东北师范大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：G124;F832.51;F275

【参考文献】