Research Of The Relativity Between Ownership Strucuture And Corporate Performance

The rapid development of China’s securities market has made important contributions to promote economic growth and accelerate social transformation among thirty years. Especially it provides the investing, trading, value added platform for all the enterprises which are the basic units of the national economy. It has become a driving force of enterprises’ capital and the important guarantee of enterprises’ technological innovation and continuous progress.In comparison with foreign securities market, there are still some shortcomings in the legal system, the market norms and other aspects of ours as it started late. Moreover, the listed companies’capital structure, operation management and regulatory framework also need to be perfect.As an important part of capital structure, ownership structure has a direct impact on corporate performance through financial decisions or affects corporate governance process, efficiency, effectiveness, and other aspects to make an impact on performance. It exits a mutual interaction and interactive relationship between the ownership structure and corporate performance. Reasonable equity structure of listed companies can achieve performance improvement, capital stability and governance in the premise of efficient. Good company performance can be inherent power to promote the continuous optimization of the shareholding structure.Therefore, we select ownership structure as the dependent variable to study its correlation with the performance of listed companies. We select the research methods of theoretical research and empirical analysis as the basic way to achieve the research goal. And we select2003-2011in the A share listed financial company as the research object to carry out empirical analysis. Finally, we put forward suggestions to improve the ownership structure, the efficiency and performance of corporate governance based on the theory and the results of data analysis.