Ownership, Management and Performance of SMEs: Evidence from Listed SMEs in China

摘要：

While there is a vast amount of research on SMEs financing and development, little attention has been paid to SMEs corporate governance. This article aims to seek an optimal pattern of corporate governance in regard to the concentration and the combination of ownership and management. Empirical analysis shows that concentration of ownership and appropriate combination of ownership and management will help SMEs improve their performance; however, we find no evidence that the concentration of management will contribute to performance improvement, which implies that there is no right pattern for SME management.

关键词： SMEs ownership management corporate governance

作者: WEN Siya

作者单位: School of Business, Sun Yat-sen University, China, 510275

会议类型: 国际会议

会议名称: The 5th International Sympsium for Corporate Governance(第五届公司治理国际研讨会)

会议地点: 天津

会议语种:英文

页码: 1440-1447

在线出版日期: 2009-09-01（万方平台首次上网日期，不代表论文的发表时间）