An Empirical Study on Ownership Structure and Corporate Performance of Chinas Listed Chemical Companies

摘要：

The correlation between the ownership structure and corporate performance has been a hot research issue. Based on the 2007 cross-sectional data, this paper made an empirical analysis on ownership structure and corporate performance of Chinas listed chemical companies, by using CROA as dependent variable and ownership structure as independent variables. The results showed that: 1) shares of Chinas listed chemical companies are more concentrated, 2) there is no significant correlation between stock concentration and corporate performance, and 3) there is also no correlation between the proportion of state-owned shares, corporate shares and the public shares and corporate performance.

关键词： Ownership Structure Corporate Performance Chemical Industry

作者: Zhang Shengyou Wang Jinfeng

作者单位: School of Management Engineering, Zhengzhou University, Zhegnzhou, P.R.China,450001

会议类型: 国际会议

会议名称: The 15th International Conference on Industrial Engineering and Engineering Management(IE&EM2008)(第十五届工业工程与工程管理国际学术会议暨中国机械工程学会第11次工业工程年会)

会议地点: 郑州

会议语种:英文

在线出版日期: 2008-09-20（万方平台首次上网日期，不代表论文的发表时间）