首页> 外文会议>2011 International Conference on Management and Service Science >Ownership Concentration Degree and Corporate Performance - From the Empirical Evidence of Chinese Listed Companies
【24h】

Ownership Concentration Degree and Corporate Performance - From the Empirical Evidence of Chinese Listed Companies

机译:股权集中度与公司绩效-基于中国上市公司的经验证据

获取原文

摘要

Abstrac---After the share structure split reform, the relationship between Ownership Concentration degree and corporate performance is the focus of the community. In this study, we select 300 Index companies listed in Shanghai and shenzhen stock exchange during 2007-2009 as samples, and use regression models to inspect the the relationship between ownership concentration degree and corporate performance,it found that Ownership Concentration degree and corporate performance show a positively correlation in generally:The shareholding proportion of the largest shareholder, The shareholding proportion of the top five largest shareholders and the Herfindahl index and company performance show a significantly positively correlation; Z index and company performance show a significantly negatively correlation, that is, The greater the difference between the shareholding proportion of the largest shareholder and The shareholding proportion of the second largest shareholder, the worse the firm performance.
机译:摘要:股权分置改革后,股权集中度与企业绩效之间的关系成为社会关注的焦点。本研究选取2007年至2009年在上海和深圳证券交易所上市的300家指数公司作为样本,并采用回归模型考察股权集中度与公司绩效之间的关系,发现股权集中度与公司绩效之间存在显着相关性。总体上呈正相关:第一大股东持股比例,前五名最大股东持股比例与赫芬达尔指数与公司业绩呈显着正相关; Z指数与公司绩效之间存在显着的负相关关系,即,第一大股东的持股比例与第二大股东的持股比例之间的差异越大,企业的绩效就越差。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号