Empirical Study on Share Ownership Controlling of Large Shareholders and Performance in Natural Person Holding Company

摘要：

In this paper authors studied large shareholders role of equity checks and balances by SPSS13.0. The empirical study of this paper shows that shareholding proportion of the largest shareholder and return on equity are logarithmically related. And shareholding proportion of the largest shareholder and Tobin Q ratio have a non-monotonic thrice curves relationship. Both the shareholding proportion of top five shareholders and degree of equity checks and balances are not significantly correlated to corporate performance. So the role of equity checks and balances is invalid in natural person holding company.

关键词： Natural person holding company Large shareholder controlling Corporate performance Empirical study

作者: Qin Lina Li Yuxin

作者单位: School of Economics and Management, Shenyang Ligong University, Shenyang, China 110168

会议类型: 国际会议

会议名称: 2010 International Conference on Information Technology and Industrial Engineering(2010年信息技术与工业工程国际学术会议 ITIE 2010)

会议地点: 武汉

会议语种:英文

页码: 328-331

在线出版日期: 2010-06-06（万方平台首次上网日期，不代表论文的发表时间）