Study On Listed Company Ownership Structure And Firm Value In Hainan Province

To date, the process of listed companies in Hainan province can be roughly divided into three periods:flourishing development in the early, the silence of the development lag period and the neonatal period in the construction of international tourist island. In recent years, the Hainan capital markets began to revitalize, speed up the process of listing, improved quality of the listed companies. But overall, ST remains high as a proportion of listed companies, corporate governance problems, weak profitability and value creation, equity ownership confusion, speculation in the securities market atmosphere. This paper focuses on these situations in listed companies of Hainan province, trying to from the perspective of the relationship between ownership structure and corporate value to find some explanation.On the basis of gathering a large number of informative materials, this article uses the method of comparative analysis, trend analysis, induction, deduction, and research methods and statistical analysis. It analysis relationship between equity structure and firm value of listed company in Hainan, specifically contains the following content:It explains some basic theories about equity structure and company value, so the analysis provides theory support; Then analysis has Hainan listed company of overview, it has General of understanding; And research has Hainan listed company of value status, focus is with EVA method on Hainan listed company for value assessment; Then it is on Hainan listed company equity structure of research, and specific analysis has Hainan listed company equity structure and company value of relationship; At last, there are some opinions, including internal optimization equity structure, and external improving capital market environment.