The Impact of Ownership Structure on Financial Risk of Chinese Listed Companies

摘要：

Financial risk will be affected by many factors. Ownership structure is undoubtedly one of the important causes of the Financial Risk. From this point of view, with the data during 2007—2009 of Chinese listed companies, we find that state controlling shareholdings result in significantly lower financial risk; financial risk is significantly negatively associated with the degree of ownership concentration.

关键词： ownership structure financial risk

作者: LI Xin XIA Enjun YANG Ying

作者单位: Department of Accounting, School of Management and Economics, Beijing Institute of Technology, Beiji Department of Technological Economy Management,School of Management and Economics, Beijing Institute School of Accounting, Central University of Finance and Economics, Beijing, China

会议类型: 国际会议

会议名称: 2010 International Conference on Risk and Reliability Management(2010年风险与可靠性管理国际会议RRM 2010)

会议地点: 北京

会议语种:英文

页码: 107-115

在线出版日期: 2010-10-23（万方平台首次上网日期，不代表论文的发表时间）