Studing The Ownership Structure The Influence Of Listed Packaging Machinery Company On Corporate Performance In China

With the transformation and upgrading of the economic structure,the manufacturing industry began to enter the industrial 4,China's packaging machinery industry is facing the throes of transformation and upgrading,the company's performance has been a severe challenge.Because of reasonable ownership structure is the basis of perfecting corporate governance,and good performance of the company by the rational ownership structure and perfect corporate governance structure as a guarantee,there is a close relationship between ownership structure,corporate governance and corporate performance three.There are a lot of differences in empirical research abroad,and the sample is earlier,the social background and economic environment are different,the empirical results are not suitable for the relationship between ownership structure and corporate performance.Domestic scholars mainly demonstrates the relationship between ownership structure and corporate performance of state owned listed companies,the relationship,rarely study packaging machinery ownership structure and corporate performance of listed companies.Therefore,a comprehensive analysis of the relationship between ownership structure and corporate performance of Listed Companies in the packaging machinery is very necessary.In this context,this paper mainly adopts the method of literature review,empirical research and induction to analyze the relationship between ownership structure and performance of China's listed packaging machinery companies.The main content is divided into six parts: the first part is the introduction,introduces the research background,significance,research at home and abroad as well as writing content,method and way of thinking,the innovation of this paper;the second part,ownership structure and enterprise performance theory;the third part,the research of packaging machinery company ownership structure and corporate performance of the city.Analysis and evaluation of ownership structure evolution and the present situation,the performance of the company and the status quo;the fourth part analysis the research hypothesis,research design and empirical research;the fifth part,conclusion and suggestion;the sixth part the problem and prospect.The study found that the relationship between ownership concentration andcorporateperformance significantly,among them,the proportion of the first shareholder and Tobin Q value of negative correlation between second to tenth of the shareholding ratio of the largest shareholder and the Q values were positively correlated;the proportion of corporate shares is positively correlated with corporate performance;flow through shares and the company's performance is negative correlation.According to the research conclusions,we adjust and optimize the equity structure of listed companies,improve corporate governance,proposed the following three measures: holding and full circulation of shares of state-owned share reduction;establish a reasonable equity structure,the formation of equity restriction mechanism;development of institutional investors,improve equity incentive system.In order to be able to inspire the development of listed companies and learn from.The innovation of this paper is to analyze the enterprise performance from the perspective of ownership structure,the angle is novel,from the empirical proof in the existing packaging machinery industry in our country the effect of ownership on corporate governance and corporate performance,enrich the research of relationship between ownership structure and corporate performance of both,to improve the industry listed companies' corporate governance,has a certain to improve the performance of the company.There are also some shortcomings of this study,did not consider the stock market is not standardized,no in-depth analysis of other factors affecting the company's performance,the problem on the impact of corporate performance are to be analyzed.