財務困境與公司治理關系研究.pdf

1、中國海洋大學碩士學位論文財務困境與公司治理關系研究姓名：劉丹鳳申請學位級別：碩士專業(yè)：會計學指導教師：羅福凱20080531ResearchonFinanciaIDistresswithCorporateGovernanceAbstractFinancialdistressoflistedcompaniesisforecastathomeandabroadhasbeenahotacademicresearch，butmostofthes

2、tudieswerelimitedtotheuseofaccountinginformation，almostdidnottakeintoaccounttheareaofcorporategovernanceissuesparticularlythedomesticscholarsHoweverinrecentyearsbothathomeandabroadalargenumberofstudiesontherelationshipof

3、corporategovernancestructureandCOrporateperformancerelationshipshowthatCOrporategovernancestructurehassignificantlyaffectedtheperformanceofthecompaniesThereforejtiSnecessarytostudycorporategovernanceasthecompany’Sfinanci

4、aldistressfromadifferentangleThemaincontentiSdividedintofivechaptersIntroductionChapter1iSonthebackground，researchiSsIIeandsignificanceThesecondchapterreviewsthefinancialdistressofthetheoreticalandempiricalbasisofresearc

5、hresults，especiallyonthefinancialdistresswiththedefinitionoftherelationshipbetweenCOrporategovernanceandfinancialdistressforecastsandtherelationshipbetweencorporategovemanceChapterIIIandIVarethemainpartsofthispaperChapte

6、rIIIusesofstatistics，econometricsmeansthefinanciaIdistressofcorporategovernancestructureandtherelationshipbetweentheresearchesThetextwillbedealtwithaspartofaspecialfinancialdistressofthesignsIntheoryonthebasisoftheanalys

7、isofthefirstsevenassumptions，andthenselectsthefirsthalfof2007listedcompanieswithSTsamples，andsampleratioof1：2choiceandultimatelychooseatotalof162companieshaveatotalof162samplesforobservationLogitregressionanalysisFinaliz

8、ationofthemodeltoexplaintheeightvariables。enteredthefinalmodelexplainedatotaloffourvariables：Equityconcentrationfactorstockchecksandbalances，theproportionofindependentdirectors。theBoardscaleequityratioofstateownedsharesa

9、ndlegalpersonsharestheproportionofsharesheld，thetwopostsunityfrequencyofmeetingsoftheBoardfourvariablesbeenremovedRegressionresultsindicatethat：theproportionofindependentdirectorsinthefinancialdistressofthenegativecorrel

10、【ationwiththesizeoftheBoardofTnsteesofthefinancialdistressofaweakpositivecorrelationwiththeequityfocusonthefinancialdistressofthepositivecorrelationbetweentheequityandthechecksandbalancesoffinancialdistressrelatedtotheoc

11、currenceofnegative，thatiS，equityThehigherdegreeofchecksandbalancesthemorevulnerabletofinancialdistressInordertogetridoffinancialdistressChapterIVgivessomeproposalsfromtheinternalmechanismsandexternalgovernanceenvironment

12、alTheconclusioniSinthefifthchapterAnEmpiricalAnalysisofthefourthchapterenteredthemodelofgovernanceindicatorsofthefinancialdistressthatthecompanymustaddressthefollowingtwofinancialdistress：shareholderstructure，andbuilding