An Empirical Study on the Influence of Independent Directors on Fund Performance in China Fund Management Company

Tiao-yan Hui () and Fei-lan Lu ()
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Tiao-yan Hui: University of Xidian
Fei-lan Lu: University of Xidian

Chapter Chapter 163 in The 19th International Conference on Industrial Engineering and Engineering Management, 2013, pp 1545-1556 from Springer

Abstract: Abstract This paper makes an empirical study on the influence of independent director on fund performance, based on the data of the fund management company in China and its equity open-end Fund and the mixed open-end fund from 2005 to 2010. According to the descriptive statistics and linear regression analysis using SPSS13.0 software, the results show that: To the China’s fund management company, the independent directors’ proportion is low, and they are mainly master and doctor degree, economic management major and from the university research institutes; The higher of the proportion of the independent director, with senior professional titles, and form industrial and commercial enterprises, the higher the performance of the fund is; The education and professional of independent directors have no significant impact on fund performance.

Keywords: The fund management company; Independent director; Fund performance; Empirical study (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-38391-5_163

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DOI: 10.1007/978-3-642-38391-5_163

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