Board Meeting Frequency and Corporate Performance: Evidence from Shenzhen Stock Market

摘要

Based on the present theoretical and empirical analysis framework,and taking 475 A-shares companies which listed in Shenzhen Stock Exchange before December 31,1999 as samples,this paper examines the relationship between the board meeting frequency and the corporate performance over a six-year period from 2001 to 2006.The result shows that the board meeting frequency in this year is significantly negatively related to the corporate performance in the prior year,while the board meeting frequency is not significantly negatively related to the corporate performance in the next year.So,the board meeting is a passive response to the corporate performance fall in the prior year,but isn't an action in advance.