中国金融学术研究网

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Empirical Research on the Relationship Between Equity Characters and Performance

认领作者认领作者管理权限

发布日期：2011年08月26日上次修订日期：2011年08月26日

钟廷勇 zhongty355@nenu.edu.cn 东北师范大学安烨 any936@nenu.edu.cn 东北师范大学

摘要

This study investigates the influence of equity characters characteristic on firm performance using panel data for 373 listed companies for the period from 2001 to 2009.We find that there is non-linear correlation between ownership characters and firm performance.(ii)the high state ownership has significant positive influence on performance but we have not found evidence that the small and medium state ownership have any influence on performance.(iii) the legal person ownership has negative influence on performance but the individual ownership is positive relation with performance.

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关键词：

Corporate governance Equity characteristics Firm performance Panel data

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