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Abstract�� Short-termism means managers damage the long-term value to promote short-term performance, which is a common problem and can��t be solved thoroughly. This paper focuses on the effectiveness of the board functions to solve the short-termism problem in China. With 182 companies as samples, using hierarchical regression methods, the empirical results indicate that the monitoring of the board of directors may inspire short-termism and the consulting function can inhibit short-term behavior significantly in the long goal oriented enterprises. The study reveals the mechanism of corporate governance affect short-termism behavior, and suggests Chinese enterprises to solve the problem of insufficient long-term innovation by improving consulting function of the board of directors.

Keywords�� Literatures Analysis Method The Female High-level Talents Career Growth Career Success Board Function Short-termism Monitoring Consult Long-goal Orientation

�ո�� 2013-05-31; �� 2014-06-05;

��:��Ȼ��ѧ��Ŀ(70902006)

��߼��: �� (1974-),Ů,��ԭ��,�Ͼ��ѧ��ѧԺ��ڡ�˶ʿ�о��ʦ,��Ҫ��¹�˾��տ��о�;��־��(1965-),��,��Ͼ��,�Ͼ��ѧ��ѧԺ��ڡ�˶ʿ�о��ʦ,��Ҫ��ʱ��봴ҵ��о��

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��, ��־��.��»�ְ��߶��Ϊ��:��ҵ��Ŀ�굼��ĵ��[J]. ��þ�γ, 2014,3: 97-101

WANG Li, XU Zhi-jian.The Board Function and the Short-termism of the Administrators: Long-goal Orientation As a Moderator[J] Economic Survey, 2014,V31(3): 97-101

��ӱ��:

http://www.jjjw.org/CN/ �� http://www.jjjw.org/CN/Y2014/V31/I3/97

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