So property ownership is a key factor determining the performance of companies. 可見(jiàn)產(chǎn)權所有制性質(zhì)是決定公司績(jì)效的關(guān)鍵因素。
On the other hand, board independence reduces firm performance in industries with less competitive product markets, and the stewardship theory can explain this phenomenon well. 而在高度競爭的產(chǎn)品市場(chǎng)條件下,獨立董事的作用符合管家理論的解釋?zhuān)岣擢毩⒍卤壤龑究?jì)效有消極作用。