The Impact of Independent Directors' Changes and Relocation on Corporate Financial Risks
Keywords:
Independent Directors; Financia Risks; Relocation.Abstract
Financial risk is an inevitable problem in the process of business management. Nowadays, as the development of current economy, the specific methods of business and financial activities of enterprises are becoming increasingly diversified and complex. As a result, the forms of risks are becoming more and more diverse, the financial risk management is becoming increasingly important. If an enterprise fails to effectively control its financial risks, the stability of its operations may be seriously jeopardized and may eventually affect the stakeholders of the enterprise.In order to explore the relationship between independent directors and corporate financial risk, this paper selected the data related to the performance of independent directors and financial data of A-share listed enterprises and as a research sample, used mathematical models and SPSS statistical analysis software, and explored the impact of the number of independent directors' dissimilarity and the consistency of the office locations of enterprises and independent directors on corporate financial risk.
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