Since the 1990s, with the globalization of the economy, the problem of corporate governance attracts the worldwide attention. Corporate governance has become one of the most important factors to enhance their core competitiveness. Under the double agent-principal structure of Shareholder- Board- management, the board, act as the link between the shareholder and management, is in the core position under the structure of corporate governance. The internal structure of the board determines whether itself wound operate normally.Guangdong province is one of the most flourish areas in China. However, the performance of listed companies in Guangdong is not satisfied in recent years. The reason for this phenomenon not only has the macroeconomic factor, but also has its own internal structure problem. This paper means to research on the board of listed companies in Guangdong with the theoretical research method and empirical research method, We focus on the five main features of the relationship between performance and board structure -- the scale of the Board, the independent directors of the situation, the appointment status of the chairman and the general manager, and evaluate the corporate performance with factor analysis, to find out the reason for the declining of performance in the way of the board structure, and made some recommendations for further improvement. |