Relationship of Corporate Governance Structure and Large Shareholders Ezpropriation: Empirical Evidence from Petroleum, Chemical and Plastic Industries

摘要：

By using listed companies from petroleum, chemical and plastic Industries, the paper considers related-party transactions as substitute of expropriation of large shareholder. The result indicates that if shares proportion of the largest shareholder, size of board of directors and proportion of directors controlled by large shareholder is higher, and president and general manager as one person, large shareholder will have chances to expropriate other stakeholders interests.

关键词： ezpropriation large shareholder company governance structure

作者: Xu Bo Li Kai Guo Xiaoxi

作者单位: School of Business Administration, Northeastern University, Shenyang, 110004, China

会议类型: 国际会议

会议名称: 第八届武汉电子商务国际会议(The Eighth Wuhan International Conference on E-Business)

会议地点: 武汉

会议语种:英文

页码: 1618-1624

在线出版日期: 2009-05-30（万方平台首次上网日期，不代表论文的发表时间）