CORPORATE PERFORMANCE AND THE GOVERNANCE OF BOARD STRUCTURE IN MANUFACTURING AND REAL ESTATE. ----THE EVIDENCE FROM CHINA.

Abstract

With the economic globalization development, corporate governance has become a key factor to enhance firms’ core  competitiveness, the establishment of a standardized, independent, structured and efficient board is a critical part for improving company profits. In this paper, the relevant data of 162 listed companies from manufacturing industry and 126 listed companies from real estate industry in China from 2015 to 2017 are taken as research samples and data sources. Using SPSS software for descriptive statistical analysis, starting from the three variables of the board structure elements, a detailed descriptive analysis of board governance factor variables was conducted, and an empirical analysis of these elements and company performance was conducted. The conclusion was drawn that the governance of the board has different influences on the real estate industry and the manufacturing industry.