Research on Corporate Strategy and Financial Performance Based on Board Function
- DOI
- 10.2991/aebmr.k.210319.077How to use a DOI?
- Keywords
- Board Governance, Corporate Governance, Financial Performance, Diversification Strategy
- Abstract
The board of directors, as a “central” institution connecting shareholders and managers, is the final decision maker of the corporation, and the core of corporate governance. The legislation of each country and the guidelines of various institutions regard the construction of an efficient board of directors as the goal of corporate governance. This paper discusses the impact of board governance on financial performance, the impact of board functional structure on diversification strategy, the impact of diversification strategy on financial performance, and the mediating role of diversification strategy on executive motivation and financial performance from the perspective of diversification strategy implementation, combining relevant theories and scholars’ perspectives.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Ruixue Gao AU - Zhixuan Li PY - 2021 DA - 2021/03/22 TI - Research on Corporate Strategy and Financial Performance Based on Board Function BT - Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021) PB - Atlantis Press SP - 420 EP - 425 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210319.077 DO - 10.2991/aebmr.k.210319.077 ID - Gao2021 ER -