摘 要:公司治理結(jié)構(gòu)是現(xiàn)代企業(yè)制度中最重要的結(jié)構(gòu)，已經(jīng)成為國(guó)內(nèi)外學(xué)者研究的焦點(diǎn)，公司治理結(jié)構(gòu)是否合理決定了能否制定良好的制衡關(guān)系和能否理順各方面的權(quán)責(zé)關(guān)系，公司治理結(jié)構(gòu)對(duì)企業(yè)經(jīng)營(yíng)績(jī)效從各個(gè)方面產(chǎn)生重大影響。改革開放以來，我國(guó)市場(chǎng)經(jīng)濟(jì)迅速發(fā)展，推動(dòng)了股市的迅猛發(fā)展，中小企業(yè)作為其中一股力量也取得了突飛猛進(jìn)的發(fā)展，數(shù)量越來越多，制度越來越先進(jìn)，人才越來越強(qiáng)大，為我國(guó)國(guó)民經(jīng)濟(jì)的發(fā)展貢獻(xiàn)了很大一份力量，但中小企業(yè)在治理結(jié)構(gòu)方面也存在不少問題，如公司股權(quán)結(jié)構(gòu)不合理，中小股東權(quán)益得不到保護(hù)，董事會(huì)獨(dú)立性差，管理層激勵(lì)機(jī)制不完善等。因此如何完善中小企業(yè)的公司治理結(jié)構(gòu)，提高企業(yè)經(jīng)營(yíng)績(jī)效就成為十分重要的課題，本文試圖從中小企業(yè)公司治理結(jié)構(gòu)的具體方面實(shí)證分析公司治理結(jié)構(gòu)與績(jī)效之間的關(guān)系，尋找對(duì)公司績(jī)效影響嚴(yán)重的因素，找出一條最適合中小企業(yè)的發(fā)展路徑，提出合理的政策性建議，以實(shí)現(xiàn)中小企業(yè)的可持續(xù)發(fā)展，從而推動(dòng)我國(guó)國(guó)民經(jīng)濟(jì)的健康有序發(fā)展。

關(guān)鍵詞：中小企業(yè)；公司治理結(jié)構(gòu)；績(jī)效；股權(quán)結(jié)構(gòu)

ABSTRACT:Corporate governance structure is the most important in the modern enterprise system structure, has become the focus of scholars at home and abroad research, corporate governance structure is reasonable determines whether can develop good relationship with checks and balances and straighten out the various aspects of power and responsibility relations, corporate governance structure on corporate operating performance have a significant impact from each aspect. Since the reform and opening, the rapid development of market economy, promote the rapid development of the stock market, small and medium-sized enterprises as one of the forces is achieved by leaps and bounds of development, the number is increasing, system is more and more advanced, people more and more powerful, contributing to the development of the national economy a large part, but many problems also exist in small and medium-sized enterprises in the governance structure, such as the unreasonable ownership structure, medium and small shareholders' rights and interests cannot get protection, board independence is poor, the management incentive mechanism is imperfect and so on. So how to perfect the corporate governance structure of small and medium-sized enterprises, improve business performance has become an important topic, this article attempts from small businesses to specific aspects of corporate governance structure empirical analysis on the relationship between corporate governance structure and performance, looking for a serious influence on corporate performance factors, find out a most suitable for small and medium-sized enterprise development path, and put forward reasonable policy Suggestions, in order to realize the sustainable development of small and medium-sized enterprises, and promote the healthy and orderly development of the national economy in China.

Keywords: minor enterprises; company governance structure; performance; ownership structure