机构地区: 石河子大学
出 处: 《商业经济与管理》 2006年第10期75-80,共6页
摘 要: 本文以我国部分上市公司为样本实证研究了公司治理机制对公司现金持有量的影响。结果表明,公司治理机制并未对公司现金持有量形成显著影响,从公司现金持有量的视角为我国上市公司治理机制的不完善性提供了经验证据。 This paper is about the effects of corporate governance mechanism on the corporate cash holdings by investigating some listed corporations in China. Our study shows that corporate governance mechanism doesn't exert significant effects on corporate cash holdings. From the angle of corporate cash holdings, this paper provides some empirical evidences about the faultiness of corporate governance mechanism in China.