Listed Company Governance Evaluation System and Its Application in China
Abstract
This article is based on the public information of Chinese listed companies, based on the 2019 sample, the statistical data in this article shows that In the 1.0 stage of corporate governance in China, the "ceiling effect" appears, the structural indicators of corporate governance tend to be homogeneous, the governance level of listed companies has been improved continuously in 2003- 2019, and increased year by year after the decline in 2009 ; with the development of the regulatory reform of corporate governance in recent years, listed companies can basically meet the minimum requirements for governance regulation, but the jump from governance 1.0 to governance 2.0 requires the optimization and upgrading of standards based on the status quo of governance.
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DOI: http://dx.doi.org/10.18686/fm.v7i4.6468
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