BOARD CHARACTERISTICS AND INSURANCE COMPANY PERFORMANCE: A STUDY IN CHINA SECTOR
Keywords:
board characteristic, insurance company performance, China, descriptive analysis, multiple linear regression analysisAbstract
This project aims to finding out the relationship between the board characteristic and the insurance company performance during the last five years in China.
During the recent years the global economy developed very fast and there is no doubt that China made great contribution to this development. To China insurance company sector plays a very important part in developing its economy. So, there should paid much attention on insurance company performance. The impact of board characteristic on the insurance company performance cannot be ignored.
In this study the quantitative method is used. The used data are collected by some official website and the insurance company annual report. In the analyzing of the data the descriptive analysis and the multiple linear regression analysis are used. Based on the result of the analysis, we find that the board size, the board meeting times and percentage of female in the board have significant influence on the insurance company performance.
At last of the paper, the recommendations are given. The insurance company should pay more attention to its board characteristics in order to make itself competitive in the industry.
