The Influence of Ownership Concentration of GEM Listed Companies on Corporate Performance

DOI

10.2991/aebmr.k.201211.066How to use a DOI?

Keywords

GEM listed company, ownership concentration, corporate performance

Abstract

This paper selected 267 listed companies on the GEM market from 2014 to 2016 as a research object, with a total of 801 samples to discuss the impact of ownership concentration on corporate performance. The results show that the proportion of the top ten shareholders of GEM listed companies and the number of shareholders at the end of the period significantly affect the corporate performance. The shareholding ratio of the largest shareholder and the H5 index positively affect the company’s performance, while the shareholding ratio of the top five shareholders and the Z index negatively affect the company’s performance, but neither of them passed the significance test.

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/).

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TY  - CONF
AU  - Suyan Chen
PY  - 2020
DA  - 2020/12/14
TI  - The Influence of Ownership Concentration of GEM Listed Companies on Corporate Performance
BT  - Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020)
PB  - Atlantis Press
SP  - 391
EP  - 394
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201211.066
DO  - 10.2991/aebmr.k.201211.066
ID  - Chen2020
ER  -