摘要
本文通过对我国上市公司2002年数据的实证分析,发现在公有资本与非公有资本结合的上市公司中,非公有资本控股上市公司的经营业绩明显优于公有资本控股的上市公司;在公有资本控股的上市公司中,公有资本与非公有资本的结合程度越深,企业的经营绩效越好;而在非公有资本控股的上市公司中,企业的经营绩效与二者的结合程度无关。
Through an empirical analysis on year 2002 data of China′s listed companies, this article discovers that amongst those owning both state-owned and non-state-owned capitals, the ones controlled by non-state-owned capitals perform much better than the ones controlled by state-owned capitals. In listed companies controlled by state-owned capitals, the deeper the combination degree of state-owned and non-state-owned capitals is, the better their performances are. In listed companies controlled by non-state-owned capitals, however, no direct relations are found between enterprises′ performances and the combination degree of the two capitals.
出处
《管理评论》
2005年第4期9-15,共7页
Management Review
基金
国家自然科学基金项目(70272069)
