|本期目录/Table of Contents|

[1]张 鹏.股权集中度与公司绩效关系的实证研究 ——来自西部上市公司的经验证据[J].长安大学学报(社科版),2012,14(01):41-46.
　ZHANG Peng.Empirical study of relationship between ownership concentration degree and firm performance —based on empirical evidence of listed companies of Western China[J].Journal of Chang＇an University(Social Science Edition),2012,14(01):41-46.
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股权集中度与公司绩效关系的实证研究 ——来自西部上市公司的经验证据(PDF)
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《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]

卷:
第14卷
期数:
2012年01期
页码:
41-46
栏目:
经济与管理
出版日期:
2012-03-20

文章信息/Info

Title:
Empirical study of relationship between ownership concentration degree and firm performance —based on empirical evidence of listed companies of Western China
作者:
张 鹏
中国社会科学院 研究生院,北京 102488
Author(s):
ZHANG Peng
School of Graduate, Chinese Academy of Social Sciences, Beijing 102488, China
关键词:
股权集中度;  绩效;  西部;  上市公司
Keywords:
ownership concentration degree;  performance;  Western China;  listed company
分类号:
F276.6
DOI:
-
文献标志码:
A
摘要:
为探究股权集中度与公司绩效之间的关系,在已有文献和理论阐述的基础上,通过构建回归模型,利用西部上市公司数据对二者之间的关系进行了实证检验。分析认为:西部上市公司前五大股东控股比例和CR5与公司绩效呈显著的倒U型关系,并且存在能使公司绩效达到最高的最优股权集中度; 从股权结构来看,西部上市公司经营绩效能否获得提升的关键在于能否使前五大股东控股比例尽可能地接近最优值。
Abstract:
In order to explore the relationship between the ownership concentration degree and the firm performance, this paper based on literature review and theoretical explanation, constructs a hy-pothetical model and verifies the relationship, with the data of listed companies in Western China. The analysis shows that firm performance is significant“∩-style”related to the shareholding percentage of the largest five stock-holders CR5, and the optimal ownership concentration degree exists in the Western China listed companies. The author suggests that the key to improve the firm performance is to make the shareholding percentage of the largest five stock-holders closer to the optimal value as much as possible.

参考文献/References:

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相似文献/References:

[1]徐海成,张蓓齐,徐思.高管团队异质性、股权集中度与企业社会责任[J].长安大学学报(社科版),2020,22(03):46.
　XU Haicheng,ZHANG Beiqi,XU Si.Executive team heterogeneity, equity concentration and corporate social responsibility[J].Journal of Chang＇an University(Social Science Edition),2020,22(01):46.

备注/Memo

备注/Memo:
收稿日期:2011-12-28 作者简介:张 鹏(1984-),男,山西阳泉人,管理学博士研究生。
更新日期/Last Update: 2012-03-20