Ownership structure and firm performance:an empirical research on Chinese public companies
Wu Shu-kun(HaiTong Securities Co., Ltd., Shanghai 200021,China)
This paper analyzes the relationships between ownership structure and firm performance from the year 1997 to 2000. The results show:firm performance is significant "∩-style" related with the concentration of ownership and the internal shareholding; the shareholding percentage of the largest stock-holder is positive related with firm performance; the percentage of the state-owned shareholding and the domestic law persons shareholding is "∪-style" related with firm performance respectively.
【CateGory Index】： F276.6