股权制衡与公司业绩:理论与事实  

A Study of the Relationship between the Power Balance with Shareholder Structure and the Performance of the Listed Companies

作　　者：黄郡[1] 

机构地区：[1]暨南大学管理学院,广东广州510632

出　　处：《广东金融学院学报》2007年第5期55-58,共4页Journal of Guangdong University of Finance

摘　　要：运用中国上市公司2003年度的数据,比较股权制衡的公司与股权集中、股权分散公司经营业绩,得出股权制衡的公司业绩要好于股权分散和股权集的公司,因而股权制衡对上市公司绩效产生正面影响。Based on the 2003 data of the listed companies, from the aspect of the corporate operation performance, this article verifies the differences among the power balance, the power centralization and the power decentralization of the shareholder structure. The demonstration result shows that the companies with balanced power of the shareholder structure are better than others, which means the power balance of shareholder structure will give a positive affection. This result will contribute to the future innovation of the shareholder structure.

关 键 词：股权制衡 公司治理 公司业绩 

分 类 号：F830.91[经济管理—金融学]