机构投资者持股对公司绩效的影响研究  

Analysis of the Influence of Institutional Investors' Share-holding on Corporate Performance

作　　者：曾德明[1] 龙淼[1] 龚红[1] 

机构地区：[1]湖南大学工商管理学院,长沙410082

出　　处：《软科学》2006年第1期37-39,52,共4页Soft Science

基　　金：国家社会科学基金(01BJL022);教育部人文社科研究"十五"规划项目(01JD790021)

摘　　要：从机构投资者持股直接参与公司内部治理和间接影响外部治理两个方面分析了机构投资者持股对公司绩效的影响机理,归纳了机构投资者持股影响公司绩效的具体方式,并介绍了国内外在实证方面取得的成果,最后结合中国情况得出一些启示。With the development of the scale of institutional investors＇share holding day by day, the position of institutional investors in the company improves gradually. Institutional investors play a more and more important role in advancing the corporate governance. This paper presents and analyzes the corporate performance influence mechanism performed by institutional investors＇share -holding based on institutional investors＇share- holding direct participation of the inside corporate governance and the indirect influence of outside the corporate governance, and has concluded the specific way of how institutional investors＇share- holding affect corporate performance. Furthermore, the authors introduce the empirical achievement home and abroad. Finally. the authors draw some enlighte, nment in China

关 键 词：机构投资者 公司绩效 公司治理 

分 类 号：F276.6[经济管理—企业管理]