石家庄经济学院学报Issue(2):87-91,5.
股权集中度、股权制衡度、控股股东控制能力与公司绩效
Ownership Concentration,Equity Balance,Share-controlling Shareholder’ s Capability and Corporate Performance
张松孝 1石大林 1路文静1
作者信息
- 1. 东北财经大学研究生院,辽宁大连116025
- 折叠
摘要
Abstract
Based on the data from 983 listed companies during 2009 to 2011,an empirical study is made by using principal component analysis method and panel data ’ s individual fixed effects model to study the relationship among ownership concentration , equity balance , largest shareholder ’ control capability and company's performance .It is concluded that:( a) Ownership concentration has significantly inverted U-shaped relationship with company's per-formance and company exists optimal ownership concentration;( b) Equity balance degree has significantly inverted U-shaped relationship with company's performance and company exists optimal equity balance degree;( c) Largest shareholder ’ control capability has significantly U-shaped relationship with company's performance .关键词
股权集中度/股权制衡度/控股股东控制能力/公司绩效Key words
ownership concentration/equity balance degree/controlling shareholder ’ s control capability/corporate performance分类
经济学引用本文复制引用
张松孝,石大林,路文静..股权集中度、股权制衡度、控股股东控制能力与公司绩效[J].石家庄经济学院学报,2014,(2):87-91,5.