The Empirical Study of Shareholding Structure and Firm Performance in China

DOI

10.2991/aebmr.k.191225.024How to use a DOI?

Keywords

shareholding structure, firm performance, economic value added

Abstract

Three research hypotheses are proposed for the relationship between enterprise performance and ownership structure by measuring enterprise performance with economic value added. The empirical results show that hypothesis 1 is supported; the ratio of state shares is negatively correlated with corporate performance. Hypothesis 2 is not supported; there is insignificantly negative correlation between the ratio of legal person shares and corporate performance. There is a significant positive correlation between listed stocks and corporate performance supporting hypothesis 3.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Liling Yang
AU  - Pocheng Ko
PY  - 2020
DA  - 2020/01/07
TI  - The Empirical Study of Shareholding Structure and Firm Performance in China
BT  - Proceedings of the 5th International Conference on Economics, Management, Law and Education (EMLE 2019)
PB  - Atlantis Press
SP  - 132
EP  - 137
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.191225.024
DO  - 10.2991/aebmr.k.191225.024
ID  - Yang2020
ER  -