The prevalence of slack resources, how to correctly view and handle slack resources becomes a problem that each company must face. Divide slack resources into absorbed slack and non-absorbed slack, and use a principal component analysis method to obtain a comprehensive index of corporate governance and company growth, and conduct research on slack resources, corporate governance, and company growth. Using the data of listed tourism enterprises in our country from 2010 to 2015 to conduct empirical test. The study found that:①non-absorbed slack positively affects the company growth, and absorbed slack and company growth into U-type relation;②Corporate governance has weakened the positive relationship between non-absorbed slack and company growth , but improved U-shaped relationships that have absorbed redundancy and company growth. Therefore, companies should differentiate their treatment of different slack resources based on their own governance.