@article{jfe2017523,
author={{Xiaoyi, Zhang and Yazhu, Feng},
title={Research on the Correlation between Corporate Governance and Performance with Different External Competitive Intensity},
journal={Journal of Finance and Economics},
volume={5},
number={2},
pages={61--64},
year={2017},
url={http://pubs.sciepub.com/jfe/5/2/3},
issn={2328-7276},
abstract={In the long-term practice of corporate governance, corporate governance system has been improved, and formed a set of interrelated governance system. According to its function, it can be divided into: incentive mechanism, supervision mechanism, agency competition mechanism, and external governance mechanism. This paper selects the financial data of listed companies of Shanghai Stock Exchange in 2014-2015 as samples. Through regression analysis, it is concluded that the more competitive the environment is, the weaker the corporate performance is sensitive to corporate governance.},
doi={10.12691/jfe-5-2-3}
publisher={Science and Education Publishing}
}