Research on Corporate Governance Performance of Listed Family Companies——Based on Factor Analysis

The authors have selected the sample of 115 family companies in China.Then the authors use factor regression to examine whether there is relation between corporate governance factors of listed family companies in China and their performance.There are two steps in this study.The first is factor analysis in order to pick-up new independent and dependent variables.The second is factor variables regression.The outcome indicates that the relation between family' control power and corporate performance presents prominent positive relation. Salary of high-level managers and general manager' control power present same positive relation with performance,but its effect is weaker.