An Empirical Study on the Relationship between Ownership Structure and Management Performance of Chinese Private Listed Companies
Improper ownership structure is always considered to be the main factor leading to lower management performance of private listed companies both in theory and in practice.Thus，study on their relationship attracts the attention of lots of researchers.In this document,the authors conduct regression analysis based on the annual reports of sampled Chinese private listed companies from 2005 to 2007， and they take the concentration of ownership as the key explicatory variable and the index related to management performance as variables to be explicated.The conclusion drawn is that there is a certain correlation between ownership structure and management performance for Chinese private listed companies， but it is not significant.Finally，several proposals are put forward for improving the ownership structure and the management performance.
private listed company annual financial report ownership structure management performance correlation
Yin-de ZHAO Xiao-qin SHI
School of International Business Administration，Zhejiang Institute of Education，Hangzhou，P R.C. Zhejiang Changzheng Professional Technical College,Hangzhou,P.R.C.
国际会议
The Second China Private Economy Innovation International Forum(第二届中国民营经济创新国际论坛)
浙江台州
英文
436-440
2009-08-21（万方平台首次上网日期，不代表论文的发表时间）