Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《Commercial Research》 2008-10
Add to Favorite Get Latest Update

Equity Division and Company Ownership Transfer of the Listed Companies Under Shell Purchas Conditions

LUO Gang1,HE Jun2(1.Department of Management,Shenzhen Vocational Technology Institute,Shenzhen 518055,China;2.Department of Finance,China Technology Import and Export Company,Beijing 100055,China)  
By sampling the data in 2001,2002 and 2003 that the listed companies conducted control power to turn to let in three years,share ownership under the condition that listed companies control the power agreement and let medium shell procure a problem.The research indicates that there exist a great deal of shell purchase cases,even up to 40%,in which ST is the main object of shell procurement.The essence of shell purchase does not mean one company procures the other,but rather a way to market stipulation.Their existence reflects the deficiency and problem in legal person′s turnover agreement and the rules of getting listed.This may cause a capital market to choose excellent function and operation efficiency to some extent.Along with perfected market rules the furthered stock right reform and the transparent transaction rules,such cases will be gradually reduced.
【CateGory Index】: F271
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
【Citations】
Chinese Journal Full-text Database 2 Hits
1 Chen Xiaoyue and Xu Xiaodong;Equity Structure,Firm Performance and the Protection for Investers' Interest[J];Economic Research Journal;2001-11
2 Xu Xiaodong & Chen Xiaoyue (School of Management,Tsinghua University);Analysis on the Largest Shareholders' Impact on Corporate Governance and Performance[J];Economic Research Journal;2003-02
【Co-citations】
Chinese Journal Full-text Database 10 Hits
1 LI Zhi ping, DONG Mei sheng, XIAO Zhuan qiao (School of Economics, AHUT, Ma’anshan 243002, Anhui, China);On the Relationship between Inner Mechanism of Company Administrative Structure and Achievements[J];Journal of Anhui University of Technology(Sociel Sciences);2004-06
2 SHEN Wei-cheng(School of Management,AHUT,Ma'anshan 243002,Anhui,China);Capital Structure,Ownership Structure and Company Performance[J];Journal of Anhui University of Technology(Social Sciences);2008-04
3 CAO Feng-qi, YANG Jun (Guanghua School of Management, Peking University, Beijing 100871,China);Study of the Board of Directors' Governance in Corporate-in-list[J];Journal of Peking University(Humanities and Social Sciences);2004-03
4 LI Jun-po~1,DU Jun-tao~2,BAI Yan-zhuang~3(1.School of Management,Tianjin University,Tianjin 300072,China;2.Postdoctoral Base,Sun Yat-sen University,Guangzhou 510275,China;3.Postdoctoral Base,Tianjin University,Tianjin 300072,China);China's IPOs Pricing Efficiency——A Comparative Study of the IPO Companies on the Small-and-Medium-size Enterprises Board and the Main Board[J];Journal of Beijing University of Aeronautics and Astronautics(Social Sciences Edition);2006-04
5 Gao Qun1 & Huang Qian2(1. School of Economics & Finance,Xi'an Jiaotong University,Xi'an,Shaanxi 710041,China;2. Xi'an Physical Education University,Xi'an,Shaanxi 710068,China);A Study on the Effect of Institutional Investor Shareholding upon the Relation between Internal Control and Earnings Management——Based on Empirical Study of China's A-share Listed Companies[J];Journal of Beijing Technology and Business University(Social Science);2010-02
6 Hu Hao-zhi (Editorial Department,Zhongnan University of Economics and Law,Wuhan,Hubei 430073,China);Firm-specific Human Capital and Enterprise Capital Structure:An Empirical Study Based on Chinese Listed Companies[J];Journal of Beijing Technology and Business University(Social Science);2011-02
7 ZHANG Hua YAN Hua (1.School of Economics,Sichuan University,Chengdu 610064,China) (2.Department of Electronic Business,Chengdu Information TecnologyInstitute,Chengdu 610064,China);Factors Influencing the Concentrated Extentof Corporate Ownership[J];Journal of University of Science and Technology Beijing;2002-02
8 XIAO Shufang1,JIN Tian2,LIU Yang1(1.School of Management and Economics,Beijing Institute of Technology,Beijing 100081,China; 2.Office of Financial Affairs,Peking University,Beijing 100871,China);Eqity Incentive,Ownership Concentration and Corporate Performance[J];Journal of Beijing Institute of Technology(Social Sciences Edition);2012-03
9 CHEN Ying, GUAN Ping (Tianjin Commercial College, Tianjin 300134, China);The Governance of Listed Companies in the Aspect of Equity Ownership[J];Commercial Research;2002-17
10 FU Qiang,WU Wei;The Transformation of Stock Ownership Structure Under Speculation[J];Commercial Research;2004-05
China Proceedings of conference Full-text Database 10 Hits
1 LI Wei GUO Peng (School of Economics,Haerbin University of Science and Technology,Harbin,150001,China);Research on the Problems and Solutions to Corporate Governance of the Listed Companies in Heilongjiang Province[A];[C];2008
2 Chen Yan;Protection of Minority Shareholders,"Tunneling Effects" and Corporate Valuation[A];[C];2008
3 LIU Mao-ping XIANG Kai (Guangdong Polytechnic Normal University, Guangdong Guangzhou 510665,China);Process of Marketization,Corporate Governance Environment and the Private Benefits of Control[A];[C];2011
4 WANG Feng-rong1 TAN Zhao-na2 (Centre for Economic Research, Shandong University, Jinan, Shandong, 250100);Firm Performance Based on Regional Economy:the Comparative Analysis among Shandong Province,Zhejiang Province and Guangdong Province[A];[C];2006
5 ;构建中国信托业高能多元优化治理模式[A];[C];2006
6 ;Ownership structure, governance mode, and the performance of the firm——Empirical study on Chinese public company[A];[C];2004
7 Dong Nanyan Zhang Junrui (The School of Management,Xi'an Jiaotong University,710049);The Effects of Ownership Structure on the Types of Audit Opinions:An Empirical Evidence[A];[C];2005
8 ;Correlation Analysis of the Corporate Governance Performance and Directors Ability of Listed Companies[A];[C];2006
9 ;The Effect of Controlling Owners on Companies Value Among Chinese Listed Companies-Based on Evaluation of Real Control-degree of Block-holders[A];[C];2004
10 Lai Jianqing and Wu Shinong School of Management, Xiamen University, China (361005);A Study on Ultimate Owners of China's Listed Companies[A];[C];2004
【Secondary Citations】
Chinese Journal Full-text Database 3 Hits
1 Wei Gang;Incentives for Top-Management and Performance of Listed Companies[J];ECONOMIC RESEARCH JOURNAL;2000-03
2 Chen Xiao & Jiang Dong;Ownership Pluralization,Firm Performance and Industry Competition[J];ECONOMIC RESEARCH JOURNAL;2000-08
3 Chen Xiaoyue and Xu Xiaodong;Equity Structure,Firm Performance and the Protection for Investers' Interest[J];Economic Research Journal;2001-11
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved