The Influence of Board Structure on Corporate Information Transparency

Yibo Bi

doi:10.54691/bcpbm.v15i.248

Authors

Yibo Bi

DOI:

https://doi.org/10.54691/bcpbm.v15i.248

Keywords:

Board Structure; Board Size; Board Independence; Board Gender Structure; Corporate Information Transparency.

Abstract

This paper selects 500 A-share listed companies in Shanghai and Shenzhen from 2015 to 2019 as the research sample, takes the evaluation results of Shenzhen Stock Exchange on the compliance, timeliness, accuracy and integrity of information transparency of listed companies as the dependent variable, and the structure of the board of directors as the independent variable. Through descriptive statistics, correlation analysis and OLS regression, this paper studies the relationship between board independence, board size, board gender structure and information transparency of listed companies. The results show that: the separation of chairman and CEO, the size of the board of directors, the proportion of women in the board of directors are significantly positively correlated with the information transparency of listed companies. This is of great significance to improve the research on corporate information disclosure and promote the healthy development of the capital market.

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