股权集中度相关问题研究综述

A Review of the Issues Related to the Ownership Concentration Degree

股权结构是决定公司治理模式的基本因素。股权集中度处在不同状况,公司内部代理成本出现不同变化。国外许多学者研究了股权集中度与公司绩效、企业创新之间的关系,但由于研究方法不同,研究背景不同,因而研究得出的结论并不一致。尽管如此,股权集中度能够解释企业产品创新等许多重要问题。

The structure of ownership constitutes a determinant factor as to corporate governance. Intracorporate agency costs vary in accordance with the varying ownership concentration degree. Foreign scholars have studied extensively the relationship in between the ownership concentration degree, corporate performance, and corporate innovation. However, variations in terms of approach and background lead to incongruity in findings. Nevertheless, the ownership concentration degree can explain away significant issues regarding innovation of corporate products.