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利用2003-2009年中国上市公司数据,基于单变量检验和回归分析方法,实证检验了股权结构、法制环境和公司诉讼之间的关系。研究发现:股权集中度越高,公司被诉概率越低,法制水平越高,公司被诉的概率越低,政治层级越高的公司被诉概率越低。进一步研究发现,法制环境的提升减弱了股权集中度和公司诉讼的关系;同时,法制环境也对政治层级与公司诉讼的关系产生了显著影响。
Using the data of Chinese listed companies from 2003 to 2009, the paper tests empirically the relationship between ownership structure, legal environment and corporate litigation based on univariate test and regression analysis. The study found that the higher the concentration of ownership, the lower the probability of being sued, the higher the level of legal system, the lower the probability of suing the company, and the lower the probability of suing the company with the higher political level. Further study found that the improvement of the legal environment weakened the relationship between ownership concentration and corporate litigation. At the same time, the legal environment also had a significant impact on the relationship between political level and corporate litigation.