论公司控制权及对公司绩效的影响分析

On Corporate Controlling Right and Its Influence on Corporate Performance

文章从公司控制权的有效性分析入手研究公司的控制权和绩效问题。文章计算了中国上市公司的控制权阈值比例,获得了控制上市公司的最低比例,并对控制权和公司绩效的关系进行了分析,通过实证分析,得到了获得公司控制权有利于公司绩效的基本结论,而且控制类公司的绩效要优于非控制类公司。

Starting from the analysis of the effectiveness of corporate controlling right, the paper makes a research on corporate controlling right and performance. It calculates the proportion of of the controlling right of listed companies in China, attains the lowest proportion to control a listed company, and analyses the relationship between controlling right and performance. Through empirical analysis, it comes to the conclusion that attaining the corporate controlling right is beneficial to its performance and that the performance of controlled corporates is superior to that of un-controlled corporates.