An Empirical Study Of The Ultimate Controlling Shareholder Of A Private Enterprise Performance

China’s listing Corporation exists dominance phenomenon, especially in the familycontrol of the private enterprises, shareholding proportion of big shareholders control toohigh, far more than the cash flow right, with very little resources can control the productionand operation of the company, leading to the ultimate controlling shareholder toexpropriate the interests of small shareholders have occurred. In recent years, the capitalmarket has money missing, illegal lending event reflects the defect of corporategovernance structure, fundamentally reflects our unreasonable ownership structure oflisting Corporation.Foreign research results show that, at present the enterprise governance has a conflictbetween shareholders and managers into a conflict of interests of large and smallshareholders. At present, the domestic scholars also slowly change the research angle tothis direction, most of the research of influence on the performance of enterprises from theultimate controlling shareholder’s control right angle, analysis and control relatedindicators and firm value.This article from the ultimate controlling shareholder’s behavior of selection, from2010to2012listed on the Shenzhen stock exchange A share private listing Corporation asa sample, using descriptive statistical analysis, correlation analysis, regression analysis,influence of management behavior, analysis of the ultimate controlling shareholderinvestment behavior, financing behavior on corporate performance. The conclusion of theempirical analysis to prove the hypothesis, at the end of the article put forward policy...