A well-functioning board of directors can increase the efficiency of the company's management, thereby significantly improving business performance, and foreign companies for the performance of the board and have some results. However, compared with Western theorists, our researches in the board are less depth and width. So, the selection of subject of this article has certain theoretical and realistic sense.This paper reviewed the relevant documents based on interpretation of the board of directors, directors, corporate governance performance, and other related concepts and theories, summarize the action to improve corporate governance performance driver theory, And integrating domestic and foreign research methods and conclusions from the perspective of the board system of corporate governance features of the performance of empirical test, and corresponding methods to improve corporate governance performance.This paper selected two cities, Shanghai and Shenzhen, listed 3740 companies as samples, collected related data from 2006 to 2008. Then we use these data to study the correlation between the board system arrangements and company performance. We give six assumptions which are tested, which based on previous studies. The empirical study shows, The proportion of independent directors associated with weak corporate governance performance, the number of board meetings and corporate governance performance of a weak positive correlation, professional performance and corporate governance committee to set a significant negative correlation between the two level-one and firm performance is not related to the two level (referring to the Chairman and General Manager ) unity and firm performance is not related to ownership of board and firm performance were significantly correlated. These findings, the Board of Directors of the reform in China have some of the guiding role. Finally, from practical point of view, we propose some policy recommendations to improve the board system. |