摘要
按照股权集中程度和第一大股东性质对样本进行分组 ,以及利用多元线性回归的方法对样本公司经营业绩随时间变化的趋势进行的分析表明 ,不同股权结构的股票首次公开发行 (IPO)公司业绩变动存在差异 ,并且 。
This paper studies the influence on of ownership structure on IPO corporations' performance variation. Multivariate linear regression is applied to the sample companies grouped by the degree of ownerships concentration and shareholders' characteristics, and variations of IPO corporations' performance over time are analyzed. The result shows that the performance variations of IPO corporations with different ownership structure are different. Our research also explores the difference from the perspective of corporation governance.
出处
《财经理论与实践》
CSSCI
北大核心
2004年第4期66-71,共6页
The Theory and Practice of Finance and Economics
基金
国家自然科学基金"现代公司治理结构的投资行为优化理论与方法研究"(课题主持 :刘星教授 )阶段性研究成果 ( 70 3 72 0 4)