Empirical Analysis on the Two-type Corporate Governance Issue of Chinas Private Listed Companies
Based on the background of larger shareholders controlling, the two-type corporate governance issues are synthesized studied, which try to clear the specific distribution of the two types corporate governance issues of Chinas private listed company. The research founds that due to the large shareholders controlling for Chinas private listed companies, the settlement of the first-type corporate governance issue does not mainly reduce agency costs but actively introduce professional managers, and the second-type corporate governance issue does not mainly have to settle the issue of the excessive separation of the ownership and the control, but more cares the socialization of the familys capitals in firms.
Private listed company The two-type corporate governance issues Larger shareholders controlling
WANG Mansi ZHU Qi
Business School of Guangzhou University,Guangzhon,China 510006 School of Economic & Management,South.China,Normal University,Guangzhou.China, 510006
国际会议
The 5th International Annual Conference on WTO and Financial Engineering(第五届WTO与金融工程国际会议)
杭州
英文
568-575
2008-05-18(万方平台首次上网日期,不代表论文的发表时间)