国有股减持是提升上市公司治理水准的必由之路

Reduction of state owned stock──the only way to improve the administrative level of issued corporation

本文通过对上市公司股权结构、董事会构成和经理行为的统计分析 ,论证了我国目前上市公司不合理的股权结构和治理结构已严重制约着上市公司经营业绩的提高和资本市场的健康发展 ;国有股减持可以优化上市公司股权结构、提高上市公司治理水准和促进资本市场健康发展。

Through making a statistical analysis on the share structure, forming the board and managers behavior of issued corporatons, this article proves that the unreasonable structure of the share and administration has restricted the improvement of operation performance and healthy development of the capital market. Therefore, the reduction of state owned stock can optimize the structure of share, improve the administrative and promotes the healthy development of the capital market.