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- W2389141937 abstract "This paper uses the annual data of China's A-share listing companies to analyze the influence of industry characteristics on the relationship between ownership concentration and corporate performance.The study shows that in the industry the state-owned enterprises accounts for a larger percentage,the effect of the largest shareholder of company ownership on corporate performance is not significant.Compared with the non-competitive industry,the higher the proportion of the largest shareholder is,the better the corporate performance in the competitive industry is.Compared with the heavy property industry,the lower the proportion of the largest shareholder is,the better the corporate performance in the light assets industry is.The state-owned enterprises should reduce the agency problem.The non-competitive industry should increase the competitiveness.Different ownership structure should be adopted in different types of enterprises so that the corporate governance can be more reasonable and thereby more efficient." @default.
- W2389141937 created "2016-06-24" @default.
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- W2389141937 date "2013-01-01" @default.
- W2389141937 modified "2023-09-23" @default.
- W2389141937 title "Ownership Concentration,Industrial Characteristics and Corporate Performance Based on Empirical Analysis of China's Listed Companies" @default.
- W2389141937 hasPublicationYear "2013" @default.
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