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The tide of the market economy , some enterprises developed rapidly , and some enterprises slowly wither away , exactly what factors can play such a big role in it, which is how to play a role in it ? This is a major problem , the theory are strong and realistic problems , especially for the growing internationalization of Chinese enterprises . What factors can guarantee the growth of enterprises in the fierce market competition to keep telling it is particularly important . This paper studies the impact of board structure on the company 's ability to grow . This paper selected as the study sample of 199 listed companies , listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange on December 31, 2007 , using data from 2005 to 2007 , from the following five areas , the size of the board , independent directors ratio, chairman and general manager of two set condition , the stake of directors , directors' remuneration , the use of theoretical and empirical studies of board structure on corporate growth . Descriptive statistics in this article , we can see that the size of the board is an increasing trend ; increase year by year , but is still very low proportion of independent directors , and basically reached the requirements of the SFC ; Most companies choose a general manager the mode of the leadership of the director ; trend is to increase the average number of shares held and percentage of ownership of board members , but is still very low , the directors' remuneration also showed a rising trend . Evidence obtained the following results : the existence of a significant positive correlation between the size of the board and the business growth , : the proportion of independent directors and business growth does not have significant correlation , Chairman and CEO two hats -one there is a significant positive correlation between business growth , the Directors stake , directors' remuneration and business growth there is no significant positive correlation . The results of this study show that the role of board structure of China 's listed companies in the enterprise is still very limited, and there are many problems to be perfected . Finally, based on previous empirical analysis is proposed to improve the structure of the board of directors of listed companies in China , and the relevant recommendations of the Board of Directors efficiency , so as to improve the governance structure of listed companies in China , in order to enhance the growth of the enterprise .
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