我国上市公司股权结构与公司绩效的实证研究

Experimental Analysis about the Composition of Shares and Outstanding Achievements of List Company

以 2 0 0 1年上市公司的数据为样本 ,通过建立线性回归模型 ,分析了股权结构、股权集中度和股权构成对公司绩效 (ROE)的影响 ,从而得出结论 :国有股、法人股和社会公众股与 ROE指标具有正相关性 ,但都不具有统计上的显著性 。

This paper takes the financial data of list companies in 2001 as the example , builds linear regression model and reflects the influence of composition of shares, centralization rate of shares and proportion of shares on the outstanding achievements of list companies . This paper can draw a conclusion that there is positive correlation between state-owned stock ,corporation stock ,public stock and ROE but they aren′t prominence in statistics. China ought to solve the problem of whole circulation.