论文部分内容阅读
随着企业经营权和所有权的分离,产生了现代公司治理问题,一度成为学者们研究的热点。本文以创业板上市公司为研究对象,通过回归分析研究我国创业板上市公司的资本结构、股权结构与公司绩效的关系,得出结论:我国创业板上市公司的资产负债率与企业绩效存在负相关关系,股权集中度与公司绩效存在倒U型关系,股权制衡有利于提高企业绩效。
With the separation of management rights and ownership, the problem of modern corporate governance has arisen, which has been a hot spot for scholars to study. This paper takes GEM as a research object, through regression analysis to study the relationship between the capital structure, ownership structure and company performance of the GEM companies in China, and draws the conclusion that there is a negative correlation between the asset-liability ratio and the corporate performance of the listed companies in China’s GEM Relationship, there is an inverted U-shaped relationship between ownership concentration and corporate performance, and equity balance helps to improve corporate performance.