Empirical study on impacting factors on ordinary related party transactions before and after the reform of share rights splitting  

关于股改前后日常关联交易影响因素的实证研究

作　　者：党红[1] 

机构地区：[1]浙江大学管理学院,浙江310058

出　　处：《China-USA Business Review》2008年第12期9-17,共9页美中经济评论（英文版）

摘　　要：Some results are obtained from the empirical study on ordinary related party transactions before and after the reform of share fights splitting. It is found that the decline of ownership concentration and percentage of shares owned by the largest shareholders as result of the reform of share fights splitting imposes little effect on the power of controlling shareholders, and institutional investors have not made the most of their abilities yet. However, after the reform of share fights splitting the binding force of other large shareholders is reinforced and the monitoring role of independent directors is about to function as result of lifting the rules in respect of independent directors from former CSRC rule level to present corporate law level.

关 键 词：related party transactions ownership structure board structure reform of share fights splitting 

分 类 号：F832.51[经济管理—金融学]