Abstract: In this research, an evaluation method for multi-advantages considering hierarchical structure is proposed to solve the independent director governance advantage assessment in corporate governance. In this method, firstly, the advantage weights of every independent director in hierarchical structure are set using the individual advantage identification method from the better action conforming to natural rules theory. Then, according to the results of weight, the individual agent assessment and democratic agent evaluation for every hierarchy are put forward, and at the same time competitive advantages and team advantages are calculated by thehierarchical model. Furthermore, the hierarchical clustering analysis of individual advantage identification results is carried out and the similar value parameters are clustered as the same class. The distribution and structure of the pattern are calculated in the light of value parameters. Moreover, the multi-advantage elements are determined by establishing and solving the advantage identification model. Finally, an example of independent directors from A company governance evaluation is used to justify the proposed method.

Key words: multi-advantages evaluation, hierarchical structure, independent director governance, evaluation method

摘要： 针对企业治理中的独立董事治理优势评价问题,提出了一种考虑层次结构的独立董事治理多优势评价方法。该方法以竞优理论为基础,运用其中的个体优势判别方法确定层次结构下各独立董事治理的优势权重;依据确定的权重结果,逐层构建代理评价和民主评价模型,并计算不同层次的比较优势和团体优势;然后采用聚类分析方法提炼共性优势模式,获得该模式下的优势分布和结构;进一步通过求解模型确定独立董事治理的多项优势。此外,以A公司独立董事治理评价为例,证明了该方法的有效性和优越性。

关键词: 多优势评价, 层次结构, 独立董事治理, 评价方法