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政府干预、政治关联与控制权转移研究

李善民 杨娟

湖南大学学报(社会科学版)Issue(3):46-52,7.
湖南大学学报(社会科学版)Issue(3):46-52,7.

政府干预、政治关联与控制权转移研究

The Government Intervention,Political Connection and Control Right Transfer:Evidence from Listed Companies in China

李善民 1杨娟1

作者信息

  • 1. 中山大学 管理学院,广东 广州 510275
  • 折叠

摘要

Abstract

This paper makes an analysis on the control right transfer cases of Chinese Listed Companies of the non-tradable shares reform completed period in 2006~2011,study the impact of the government in-tervention,political connections on the control right transfer.The study found:the local government con-trolled enterprise and the enterprise which is in low marketization area,more inclined to implement the lo-cal transfer of control right,which support the existing market regionalism in China.We also find that the political connection enterprises,more inclined to implement the local transfer of control right,suggesting that the political connection to protect the enterprise from government"grabbing hand"violations at the same time,also increased the company's political and social burden,political connection enterprises will be more affected by the government intervention to realize the goals such as expand employment,promote lo-cal economic development and maintain social stability and so on,so the political connection enterprises are more inclined to implement the local transfer of control right.

关键词

政府干预/市场化进程/政治关联/控制权转移

Key words

government intervention/the marketization process/political connection/control right transfer

分类

管理科学

引用本文复制引用

李善民,杨娟..政府干预、政治关联与控制权转移研究[J].湖南大学学报(社会科学版),2014,(3):46-52,7.

基金项目

国家自然科学基金(71372149,71203242) (71372149,71203242)

湖南大学学报(社会科学版)

OA北大核心CHSSCDCSSCICSTPCD

1008-1763

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