行业专家型独立董事与公司特质信息的解读

被引：2

作者：

张斌

机构：

[1] 扬州大学商学院

来源：

财经科学 | 2015年 / 10期

关键词：

行业专家; 特质信息; 股价同步性;

D O I：

暂无

中图分类号：

F272.91 [企业领导]; F272 [企业计划与经营决策];

学科分类号：

1201 ;

摘要：

公司特质信息的传递效率,对上市公司股价具有重要的影响作用。本文利用中国资本市场的数据,基于市场化程度、投资环境专业性、投资前景三个路径实证检验了行业专家型独立董事对公司特质信息释放的影响。研究发现:行业专家型独立董事削弱了政府干预对特质信息的影响,增进了公司内外投资专家对特质信息的解析效率,促进了具有良好投资前景公司特质信息的释放。从结果来看,专家型行业独立董事提高了公司特质信息的传递效率。

引用

页码：64 / 73

页数：10

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