Proceedings of the 2018 International Conference on Information Technology and Management Engineering (ICITME 2018)

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

Authors
Lin Xu, Wei Yue, Hongtao Xu
Corresponding Author
Lin Xu
Available Online August 2018.
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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Volume Title
Proceedings of the 2018 International Conference on Information Technology and Management Engineering (ICITME 2018)
Series
Advances in Intelligent Systems Research
Publication Date
August 2018
ISBN
10.2991/icitme-18.2018.13
ISSN
1951-6851
DOI
10.2991/icitme-18.2018.13How to use a DOI?
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/).

Cite this article

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  -