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Study Of Chinese Listed Bank's Ownership Structure, Corporate Governance And Management Performance

Posted on:2008-04-02Degree:MasterType:Thesis
Country:ChinaCandidate:L ZhangFull Text:PDF
GTID:2189360215955373Subject:Finance
Abstract/Summary:PDF Full Text Request
The ownership structure is a foundation of the corporate governance and its rationality has a decisiveness effect for the efficiency of the corporate governance. Therefore when designing the corporate governance, we should set up a reasonable ownership structure. So how about the relationship between the ownership structure and corporate performance of Chinese listed banks. This paper discusses the relationship between ownership structure and corporate performance of Chinese listed banks which belong to Shenzhen and Shanghai Stock Exchange of 2005 based on academic research and empirical research.This paper elaborates relationship between the ownership structure and corporate performance from two aspects: ownership concentration and constitution of ownership. We analyze the effect of ownership structure on corporate performance from the point of corporate governance using ROE as dependent variables and ownership concentration as independent variables and adopting ASSET, DAR as controlling variables.0ur empirical research result shows: ownership concentration and corporate performance exist positive relationship; corporate performance are negatively related to the scale of state-owned stocks.Base on the above reason, this paper is composed of five parts. Firstly, relevant literature both in China and abroad are reviewed in this paper; and then, the theories of ownership structure and corporate governance are analyzed synthetically; based on the theoretical analysis, current situation of ownership structure and corporate governance are analyzed; combining the key of this paper, in part IV ownership structure and corporate performance of listed banks are analyzed from ownership concentration and constitution of ownership; above all analyses, there are some suggestions of optimizing ownership structure, corporate governance and capital structure and the revelation of ownership structure innovation of stated-owned commercial banks as well.The innovations of this paper are: firstly, the angle of study is unique and a special industry is chosen to study Chinese corporate governance; secondly, the clue of study is new and original and this paper starts from the effect of ownership structure to the corporate governance, and then study the relationship between the ownership structure and corporate performance; thirdly, the research method is innovative and the demonstration analysis and criterion analysis are combined.
Keywords/Search Tags:Listed bank, Ownership Structure, Corporate Governance, Corporate performance
PDF Full Text Request
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