The Relationship Between Business Performance And Personal Characteristics Of The Chairman Of The Strategic Committee

With the development of the modern corporate system, the understanding of corporate governance changes, Strategy Committee as a subsidiary body of the Board of Directors, to make up for the endogeneity deficiencies in the Board of Directors, more and more attention by enterprises. A successful strategy is critical to the development of enterprises, able to promote the company stand out in the fierce competition in the market, and even help revive the enterprise to the brink of bankruptcy, gain the rebirth of opportunity. But also a failed strategy is devastated for the enterprise, corporate credit total collapse of competitive gone. The importance of the Strategic Committee is evident, Chinese enterprises are also well aware of the role of its enterprise, in recent years, the Strategic Committee of the domestic enterprises to construct a linear rise, disclosures Committee has also been more and more attention.The traditional theory of corporate governance has been unable to meet the requirements of modern enterprises, and in my opinion, the biggest problem is the board of directors board system defects, the execution of the functions of the Board need supervising subject to inspect it, merely by virtue of the annual board meeting is not enough, and the scientific nature of the strategy, the accuracy need more in-depth study of the professionals, these issues are the need for a professional assessment and research institutions on corporate investment projects, when the strategic Committee is made. The emergence of the Strategic Committee not only helps to improve the efficiency of the board of directors, and helps to refine the responsibility of the board of directors. Strategy Committee, set up under the board of directors that the requirements of the changing times, complements the traditional corporate governance is an effective reform measures. Correct strategic decision-making for managers using their position for personal interests and to safeguard the smooth progress of the work of the Board Strategy Committee has played a positive role to promote. In China, the Professional Committee made the stage of progress, but whether in academia or practitioners our development is still in the initial stage of the operation of the Committee, there are some issues through further research, so we need to solve Committee halfway problems. Corporate governance for all the deficiencies of our corporate governance structure, can not completely solve through professional committee system, but also play a positive role. Chinese scholars of the Professional Committee also stay in normative research, to study the system, the role of the Commission, disclosure and other issues. In the empirical field of domestic research is still blank, so I hope that through their own research, and expectations of modest means in practice for Chinese enterprises specialized committee system.The article from the reality of Chinese enterprises, on the basis of previous research literature, the use of a two-pronged approach of norms and municipal system of China’s Strategy Committee, the status quo, existing problems, as well as the personal characteristics of the chairman of the Strategic Committee of China’s enterprises. The impact of the performance and its own proposals. This article focuses on the personal characteristics of the chairman of the Strategic Committee enterprises to conduct in-depth research and discussion, and then make their own suggestions about the operation of the Strategic Committee of modern enterprises, there are certain practical significance.This paper is divided into six parts, the first part is the introduction, described the research background of the Strategy Committee and the research method, innovation and deficiencies. The second part of the mechanism of the Strategic Committee, from the strategic role of the Commission, the scale of China’s current situation and development, as well as the operation of the Commission, the Committee issues in China’s enterprises. The third part is a literature review summarizes the past, domestic and foreign scholars Strategy Committee. The fourth part of the first departure from the concept of human capital, through the analysis of the value of human capital to promote or inhibit the role of corporate performance will be, and the human capital analysis in this paper include age, gender, government-related pay, part-time status, this article11analysis of these six factors, this hypothesized. The fifth part is empirical research, is also the focus of this article, to build the model assumptions through the last chapter, the use of empirical research, analysis of the impact of human capital on business performance, in-depth analysis and the empirical results. The sixth part is the epilogue of this article, including the main conclusions of this paper and the practical significance, as well as owns proposals, as well as the limitations of the empirical results.