Study On Characteristic Of Board Of Chinese GEM Listed Company

Business fluctuations of Gem companies is great, and fluctuated by the marketitself greatly. It’s different from industry leading enterprises the mainboard market. Itmay be listed high profits in the beginning of the year or two. Therefore, we shouldpay attention to the enterprise’s growth. The Gem listing rules in China market makethe high request for enterprise growth, and high growth is also the focus of theinvestors. But the company was short. The scale is small. The governance structure isnot complete. So high risk behind high growth. The relationship between the companygoverns and the enterprise growth is very close. Chaos of the governance structure ofGem companies and high growth are not very appropriate. On the long view, theconfusion of the structure of company will hinder the enterprise growth. Academiccircle on strengthening the construction of the Gem of the supervision system calls formore and more. At the same time, it should put out by market behavior to companymanagement supervision of regulatory changes. Enterprise growth is an importantfeature of the gem. It’s also an important basis that investors evaluation the gementerprise. How to control the risk and keeping a sustainable growth is an importantsubject faced by the enterprises which are listed on the gem. On the other hand, someproblems of the gem listing enterprises are hot debate and influence the confidence ofthe investors. Such as frequently expose management problems, and cause the socialfrom all walks of life. From the double purpose consideration of the normative Chinagrowth enterprise market and help business enterprise growth, the research on China’sgrowth enterprise market should focus on enterprise growth. Aiming at the board ofdirectors of the gem enterprise structure, promote the sustained growth of gementerprise has important significance.This paper will launch on our country company’s board structure of Gem. Findout the important features of the board of directors of the Gem company. Andconnecting with the enterprise growth evaluation, analysis the board structure and therelationship between the business enterprise growth. Through the study, we willidentify if the Gem the company’s board are effective play the function, and whichcharacteristics of the board of directors in the structure play the functioneffectively.The size of the board and the enterprise growth negatively related, but not significant; The proportion of the independent directors and the enterprise growthdoes not exist correlation; Director compensation and enterprise growth is positivelyrelated.This paper breaks the single research mode that through the research boardcharacteristics and the relationship between enterprise performance. It will attemptenterprise growth evaluation research related to the board of directors of theachievements and characteristics of combining research. Among them, according tothe gem market and listed enterprise characteristics, design a more level indexstructure growth evaluation system, using the factor analysis method to evaluate theenterprise growth. This study assessed the scientific enterprise growth, but also enrichthe related research of the characteristics of the board of directors. In addition, thispaper based on the research on the gem, enrich the research achievements of theapplication of the board of directors characteristics in our country’s gem.