Analysis On The Impact Of None Substantial Control Person To Company Achievements In Listed Companies

Actual control of the company in general is the ability to control the behavior ofpeople, they are generally larger proportion of the company’s shareholders’ stake, orthere is a relationship with the company invested to control the company’s productionand business activities through agreements and other ways. However, in our country’sA-share market in addition to the actual control of listed companies, as well as thereare some no actual control of listed companies, in these companies, since the absenceof actual control, making the company the existence of control Risk compete,sometimes there will be mergers and acquisitions possible. No actual control of listedcompanies is widely dispersed shareholders’ equity does not bring the company toactively participate in decision-making in the enthusiasm, the lack of incentives forthe shareholders, and not conducive to the continued growth of the company value.By the listed company has no actual control problems caused by structural instabilitycould lead to corporate governance, internal management of external oversight failure,and the lack of rational and effective supervision, the company’s shareholders andexecutives will lose enthusiasm for active participation in corporate governance.Overall, therefore, the lack of actual control of listed companies, the futuredevelopment of the company there is a big risk. Cause of this phenomenon is that, inorder to ensure sustainable development of the company’s capital is no longer themost important factor, the role of human resources has been more prominent, talentwill become a major driving force for development, but capital The role presents anirreplaceable, it is becoming increasingly weak. In the company, the ability of peopleto protect the stability and growth of the company’s earnings of corporate governance,if the company’s stability and growth can not be guaranteed, control of the companywill not be stable, so the company’s future development It is extremely unfavorable.Equity structure of listed companies, not only because of the different controlmechanisms of internal corporate governance system and different, will receive theimpact of different industries, in different industries, different companies of thecompetitive environment, the availability of the actual controller performance oflisted companies The impact will be different.In this paper, based on no actual control of listed perspective of the company, ithad no effect on the actual control of the company’s performance through thesub-sectors of Listed Companies, to explore theoretical and practical connotations, which the company provides some practical policy recommendations on aspects ofcontrol. Statistical software SPSS17.0analysis of samples tested. By analyzing theabove steps in order to make more accurate and reliable test results. The resultsshowed that:(1) no actual control of the financial sector listed company’sperformance was not significantly lower than the actual controller performance oflisted companies.(2) whether the real estate industry, the actual control of listedcompanies and corporate performance weak correlation, section explains the realestate industry have actual control of the listed company’s performance than thosewithout the actual controller performance of listed companies.