同济大学学报（自然科学版）2012，Vol.40Issue(6)：955-959,5.DOI:10.3969/j.issn.0253-374x.2012.06.026
基于生命周期的中小企业股权结构对绩效的影响
Influence of SME Equity Structure on SME Performance
于团叶 1陈翩翩 2宋小满1
作者信息
- 1. 同济大学经济与管理学院,上海200092
- 2. 厦门大学管理学院,福建厦门361005
- 折叠
摘要
Abstract
Based on samples of manufacturing enterprises of small and medium-sized enterprises (SME) on board before 2007, the relationship was explored between economic value added (EVA) and equity property, ownership concentration and equity balance degree of enterprises in growth stage and mature stage. The empirical results of multiply linear regression model show that there is a negative correlation between the proportion of state-owned shares and enterprises' value; tradable shares rates have little effect on the enterprise's value; it is more complex to determine the effect of the degree of ownership concentration and equity balance degree on enterprise's value. But generally speaking, higher degree of ownership concentration in growth stage and higher degree of equity balance in maturity stage contribute positively to enterprise's performance.关键词
EVA(economic value added)/企业绩效/股权结构/生命周期Key words
economic value added (EVA)/ corporate performance/ ownership structure/ life cycle分类
管理科学引用本文复制引用
于团叶,陈翩翩,宋小满..基于生命周期的中小企业股权结构对绩效的影响[J].同济大学学报（自然科学版）,2012,40(6):955-959,5.
