Henan Private Enterprise Efficiency Of The Board And Countermeasures

Henan private corporation is rise quikly and abruptly,it has been the chiefly power to drive the economy of Henan in recent years.But it also has many problem certainly,especially its display in the board efficiency was anxious.Board efficiency refers to all of the board functions,including of the system,structure,strategic decision and the supervise efficiency to manager's work.Presently,many studies's emphasis domestic and overseas fasten on the board efficiency of listed companies.The research for the private corporation's board efficiency is going on the groping stage now.This paper studies the board efficiency from related factors,and engages a systematic research for board efficiency of Henna private corporatiaon.This paper base on mass of survey and refer the fruit of corporate governance from domestic and overseas,bring forward the research frame of private corporation from two aspects:inner gov-efficiency and outer gov-efficiency,review and analyse the reality of board efficiency of Henan private corporation,summarize the factors which influence board-functions into three chiefly module:the first is the structure of direcrate governance,the second is the mechanism of direcrate governance,and the third is the external-supervise of direcrate governance.By using the method of plural linear regression and principal components analysis,filtrate and confirm which and how much the factors influence its efficiency.According to how much influence degree of all of the factors,then confirm their weighting,and establish a appraise model to evaluate Henan private corporation board efficiency,provide a method of evaluate it. And this paper based on the related data from 56 Henan private corporations,put forward targetedly some countermeasure and advice.The characteristics and innovations of this paper are in the following three aspects:first,this paper bring forward the research frame of private corporation from two aspects:inner gov-efficiency and outer gov-efficiency;second,this paper establish an evaluate system.Through the previously research for reality of Henan private corporation-board governance,summarize the factors which influence board-functions into three chiefly indice;thirdly,put forward countermeasure to enhance the board efficiency of Henan private corporation.The conclusions of this paper not only provide a tool for board self-analyse and diagnosis,but also provide some criterion and methords for the related institution to strengthen the rule of the board.Especially the evaluate system which this paper conceive will play a positive role to enhance the board efficiency of Henan private corporation,,consummate board-functions and strengthen the supervise from the institution.