The Empirical Study of Shareholding Structure and Firm Performance in China
- 10.2991/aebmr.k.191225.024How to use a DOI?
- shareholding structure, firm performance, economic value added
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.
- © 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/).
Cite this article
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 -