Abstract：By using panel data collected from 928 listed companies from 2004 to 2012, the relationship between the relative power of board of directors to management and products competitiveness as well as the moderating role of ownership concentration and type of controlling shareholders are investigated in this study from the governance risk perspective. It is concluded that: without considering he moderating role of ownership concentration and type of controlling shareholders, there is positively significant correlation between the relative power of board and products competitiveness; while doing so, the ownership concentration has negatively significant moderating role on the relative power of board and products competitiveness and the type of controlling shareholders have negatively significant moderating role on relative power of board and products competitiveness.
2014, Vol. 11 
