股权结构对信息技术产业上市公司绩效的影响研究  

Research on the Influence of Shareholding Structure on the Performance of Listed Companies in Information Technology Industry

作　　者：陈一鸣[1] 王苗苗 CHEN Yiming;WANG Miaomiao(School of Economics and Manageiment Changsha University of Science and Technology,Changsha,Hunan 410114,China)

机构地区：[1]长沙理工大学经济与管理学院,湖南长沙410114

出　　处：《经济数学》2018年第4期1-7,共7页Journal of Quantitative Economics

基　　金：国家社科基金重点项目资助(18AJY022)

摘　　要：选取中国2012-2016年A股信息技术产业不同股权性质上市公司为样本,采用Pearson相关性检验和SPSS多元回归分析方法,探讨股权结构对公司绩效的影响,并提出对策建议.研究发现:信息技术类上市公司的两权分离率对股权结构和公司绩效的关系具有调节效应;股权制衡度与信息技术类国有企业绩效有显著正相关关系;信息技术类民营企业两权不分离时,股权集中度与绩效有正相关关系,两权分离时的股权制衡度与绩效有负相关关系.This paper sdlected the listed companies with different equity properties in A-share information technology in-dustry from2012to2016in China as samples to study the effects of shareholding structure on company performance by using Pearson correlation test and SPSS multiple regression analysis methodst and then the countermeasures and suggestions were proposed.The study suggests that the separation rate of the two rights of listed companies in information technology industry has moderating effects on the relationship between shareholding structure and corporate performance;the equity restriction rati-o has a significant positive correlation with the performance of state-owned enterprises in information technology industry;in private-owned enterprises in information technology industry,when the two rights are not separated,there is a positive correla-tion between equity concentration and performance and when the two rights are separated,there is a negative corrdation be-tween equity restriction ratio and performance.

关 键 词：信息技术产业 股权结构 公司绩效 两权分离率 

分 类 号：F271[经济管理—企业管理] F273.1[经济管理—国民经济]