کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
1003258 | 937562 | 2007 | 17 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
The influence of the degree of state ownership and the ownership concentration on the performance of listed Chinese companies
دانلود مقاله + سفارش ترجمه
دانلود مقاله ISI انگلیسی
رایگان برای ایرانیان
موضوعات مرتبط
علوم انسانی و اجتماعی
مدیریت، کسب و کار و حسابداری
کسب و کار و مدیریت بین المللی
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: The influence of the degree of state ownership and the ownership concentration on the performance of listed Chinese companies The influence of the degree of state ownership and the ownership concentration on the performance of listed Chinese companies](/preview/png/1003258.png)
چکیده انگلیسی
This study investigates the influence of the degree of state ownership and ownership concentration on firm performance using annual data for 1034 companies listed on China's two exchanges for the period from 2000 to 2004. We find that, on average, the firms’ performance is negatively influenced by the state ownership. However, such a negative relationship is significant only at high levels of government ownership. Moreover, we find that a balanced ownership structure enhances the firm performance and there are indications of detrimental effects of block ownership.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Research in International Business and Finance - Volume 21, Issue 3, September 2007, Pages 379–395
Journal: Research in International Business and Finance - Volume 21, Issue 3, September 2007, Pages 379–395
نویسندگان
Abeyratna Gunasekarage, Kurt Hess, Amity (Jie) Hu,