Review on Quantitative Assessment of Corporate Governance

Xiaolu LI, Zhonghua REN, Jian TANG

Abstract


Recently a lot of different institutions and research centers around the world gradually launch their corporate governance assessment system, making each interested party to get to know the corporate governance level and making reasonable decisions. This essay is based upon corporate governance and assessment connotation, summarizes and concludes the research progress of domestic and overseas corporate governance quantitative assessment, finding that corporate governance quantitative assessment mainly relies on composite indicator assessment, but there is still big difference in the starting point, targeted object and assessment indicator of assessment indicator system, so some people question the validity and applicability of this assessment indicator system. Based on this, this essay points out that the existent literature review has some problems such as assessment subject is vague, missing out some key indicators, weighting subjectively and failing to abide the principle of “ substance over form”, thus bringing up corresponding suggestion.


Keywords


Corporate Governance; The Evaluation Systems; Substance over Form; Improvement Suggestions

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References


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DOI: http://dx.doi.org/10.3968/7159

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