Proceedings of the 4th International Conference on Humanities Science, Management and Education Technology (HSMET 2019)

Reform of Mixed Ownership of State-owned Enterprises and Enterprise Value

Authors
Jiaming Zheng
Corresponding Author
Jiaming Zheng
Available Online July 2019.
DOI
10.2991/hsmet-19.2019.146How to use a DOI?
Keywords
State-owned enterprises, Mixed ownership reform, Enterprise value.
Abstract

In recent years, promoting the reform of mixed ownership of state-owned enterprises has become an important direction of deepening the reform of state-owned enterprises in China. This paper takes state-owned A-share listed companies from 2012 to 2017 as the research object, and empirically examines the impact of non-state-owned capital participation on the value of state-owned enterprises. The research finds that private equity participation significantly improves the enterprise value of state-owned enterprises. This finding proves the necessity of implementing and promoting the reform of mixed ownership in state-owned enterprises, and also provides some experience for reference.

Copyright
© 2019, 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/).

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Volume Title
Proceedings of the 4th International Conference on Humanities Science, Management and Education Technology (HSMET 2019)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
July 2019
ISBN
978-94-6252-765-2
ISSN
2352-5398
DOI
10.2991/hsmet-19.2019.146How to use a DOI?
Copyright
© 2019, 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/).

Cite this article

TY  - CONF
AU  - Jiaming Zheng
PY  - 2019/07
DA  - 2019/07
TI  - Reform of Mixed Ownership of State-owned Enterprises and Enterprise Value
BT  - Proceedings of the 4th International Conference on Humanities Science, Management and Education Technology (HSMET 2019)
PB  - Atlantis Press
SP  - 783
EP  - 788
SN  - 2352-5398
UR  - https://doi.org/10.2991/hsmet-19.2019.146
DO  - 10.2991/hsmet-19.2019.146
ID  - Zheng2019/07
ER  -