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《Economic Research Journal》 2002-08
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The Empirical Analysis of the Change of China's Listed Companies' Ownership Concentration Degree

Feng Genfu,Han Bing & Yan Bing (Xi'an Jiaotong University)  
This paper analyses empirically the change of ownership concentration of China's listed companies. As to research methods, this article uses panel data and multiple statistical analysis methods, thus, it fills the defect of the previous ownership concentration degree research that used only cross-section data and classical linear regression analysis. The result of this article's analysis indicate: the performance of listed companies, the scale of companies, the main body of stockholding and industrial distribution are the major factors that affect the change of the listed companies' ownership concentration degree. This article also points out the thoughts and policy suggestions on adjusting the ownership concentration degree effectively according to the results of analysis.
【Fund】: 国家社会科学基金项目 (0 2BJY130 )的成果之一
【CateGory Index】: F832.5
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