Ownership Structure and Protection of Investors' Benefits: Evidence from Chinese Listed Companies

被引：0

作者：

Chen Linrong ^{[1
]}

Liu Aidong ^{[1
]}

机构：

[1] Cent S Univ, Sch Business, Changsha 410083, Peoples R China

来源：

PROCEEDINGS OF THE 4TH INTERNATIONAL CONFERENCE ON PRODUCT INNOVATION MANAGEMENT, VOLS I AND II | 2009年

关键词：

ownership structure; equity restriction; protection of investors' benefits;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Ownership concentration is a substitute of laws because laws can not protect investors' benefits. But at the same time, controlling shareholders plunder investors' benefits. By empirical analysis of ownership structure of China's listed companies, we can find that ownership concentration, firm-controlling shareholders and balanced-ownership structure can protect investors' benefits to a certain extent. In the end the measures of the protection of investors' benefits are put forward.

引用

页码：1144 / 1150

页数：7

共 50 条

[1] Ownership Structure as Corporate Governance Mechanism: Evidence from Chinese Listed Companies
Jian Chen
Economics of Planning, 2001, 34 : 53 - 72
[2] Ownership structure as corporate governance mechanism: Evidence from Chinese listed companies
Chen, J
ECONOMICS OF PLANNING, 2001, 34 (1-2): : 53 - 72
[3] OWNERSHIP STRUCTURE, ACQUISITIONS AND EXECUTIVE COMPENSATION: EVIDENCE FROM PUBLICLY LISTED CHINESE COMPANIES
Kang, Lili
Anwar, Sajid
Peng, Fei
SINGAPORE ECONOMIC REVIEW, 2023, 68 (01): : 285 - 315
[4] Corporate governance, ownership structure and capital structure: evidence from Chinese real estate listed companies
Feng, Yi
Hassan, Abeer
Elamer, Ahmed A.
INTERNATIONAL JOURNAL OF ACCOUNTING AND INFORMATION MANAGEMENT, 2020, 28 (04) : 759 - 783
[5] Institutional Investors and the Cost of Equity Capital: Evidence from Chinese Listed Companies
Lyu Xuan
Zhang Bingshi
PROCEEDINGS OF INTERNATIONAL SYMPOSIUM - MANAGEMENT, INNOVATION & DEVELOPMENT (MID2014), 2014, : 566 - 571
[6] State ownership and firm performance: Empirical evidence from Chinese listed companies
Mei Yu
China Journal of Accounting Research, 2013, (02) : 75 - 87
[7] Pyramidal Structure, Legal Environment and Excessive Benefits of Control: Evidence from Chinese Listed Companies
Liu Liyan
PROCEEDINGS OF THE 7TH INTERNATIONAL CONFERENCE ON INNOVATION AND MANAGEMENT, VOLS I AND II, 2010, : 803 - 807
[8] State ownership and firm performance: Empirical evidence from Chinese listed companies
Yu, Mei
CHINA JOURNAL OF ACCOUNTING RESEARCH, 2013, 6 (02) : 75 - 87
[9] An empirical analysis on stock ownership structure of Chinese listed companies - New evidence from tourism industry
Zhu Zhe
Hu Wei
MODERN FINANCE AND GLOBAL TRADING COOPERATION: PROCEEDINGS OF THE 5TH INTERNATIONAL ANNUAL CONFERENCE ON WTO AND FINANCIAL ENGINEERING, 2008, : 551 - 556
[10] The determinants of capital structure: Evidence from Chinese listed companies
Chen J.
Strange R.
Economic Change and Restructuring, 2005, 38 (1) : 11 - 35

← 1 2 3 4 5 →