id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fbem-1902	Nie, Jamin; Ye, Shanli	Analysis of Corporate Governance Efficiency Differences in Different Life Cycles: -- Empirical Research based on Data about Listed Companies	2022	5	.pdf	application/pdf	3643	135	38	The results are as follows: (1) A discrepancy can be found in main contribution sources of corporate governance efficiency in different stages as scale investment contributes to much of the governance efficiency of growing and declining enterprises while technical advancement features prominently in that of mature enterprises; (2) the total factor productivity of corporate governance increases progressively from the growing stage to the mature phase and then to the declining period, and the younger a company, the weaker its governance capacity; (3) the significance of factors influencing governance efficiency differs in different periods. Abstract: In order to provide reference for quantifying and improving corporate governance efficiency, the DEA model was used to measure the input and output efficiency of a total of 776 listed companies in A-share market from 2012 to 2020.	cache/fbem-1902.pdf	txt/fbem-1902.txt