Dissertation > Excellent graduate degree dissertation topics show

Empirical studies of the financing structure of institutional investors holding listed companies

Author: ShiYing
Tutor: TangLi
School: Chongqing Technology and Business University
Course: Accounting
Keywords: Listed companies Institutional investors The proportion of institutional ownership Financing structure
CLC: F224
Type: Master's thesis
Year: 2011
Downloads: 42
Quote: 0
Read: Download Dissertation


With the booming of China's capital market and continuous improvement of institutional investors has affected the company's decision-making and governance levels, to improve corporate governance by applying a positive impact. In view of the relationship between the key role in the financing structure of the decisive role of the corporate governance as well as institutional investors increasingly show this article to institutional investors holding listed companies financing structure inspection of institutions, from the point of view of the financing structure whether investors to fulfill its \Learn from the achievements of scholars at home and abroad on the basis of the financing structure theory and institutional investors to participate in corporate governance theory as the theoretical basis for the study from 2007 to 2009 listed companies to issue A shares in Shanghai and Shenzhen, Descriptive statistical analysis of the nature of the variables and the trend of recent years, variable, and has been part of the evidence that supported the hypothesis. Then, prior to regression analysis by Person correlation analysis of the variables, the correlation between variables of a certain understanding, and found not produce multicollinearity problem, lay the foundation for the next step of the regression analysis. Finally, by constructing the regression model, research institutions, investors would affect the financing structure of listed companies, institutional investors holding what the impact on the financing structure of listed companies. The study results show that: the financing structure of listed companies, institutional investors had a significant impact on institutional investors holding company with no institutional ownership of the company's financing structure has significant differences, and with the shareholding raise the level of impact greater. Institutional investors float significantly negatively correlated with the level of indebtedness of the Company, that listed companies with a higher proportion of institutional investors holding assets-liability ratio is lower. Institutional investors float-adjusted market capitalization of listed companies also have a significant effect on float-adjusted market capitalization of listed companies the proportion of institutional investors holding a positive correlation. Current liabilities ratio of institutional investors, listed companies, and the higher the proportion of institutional ownership, the proportion of the smaller listed companies-current liabilities to total liabilities. Finally, we make recommendations based on conclusions: the external environment to optimize the development of institutional investors; improve institutional investors own strength and quality; establish full and effective incentive and restraint mechanisms for institutional investors; strengthen institutional investors play a role in the system and laws and regulations.

Related Dissertations

  1. Research on the Impact of Debt Financing Structure Upon Corporate Performance on Listed Pharmaceutical Company,F275
  2. Based on Factor Analysis of the chemical industry trade Financial Performance Evaluation of Listed Companies,F224
  3. On the Independent Director System of Listed Companies in China,D922.291.91
  4. The Research on Equity Management of Corporate Governance by Institutional Investors’ Participation (e.g. S Company),F276.6
  5. The relationship between social responsibility and corporate performance of listed companies in China,F276.6
  6. An Empirical Study of the family of listed companies in China governance structure of the internal control,F276.5
  7. Small board listed company government grants impact on the financial performance,F276.6
  8. Evaluation of the growth of the retail listed companies in China,F832.51
  9. Study on the Correlation between Capital Structure and Profitability of Listed Companies in China’s Engineering Equipment Manufacturing Industry,F832.51;F224
  10. Research on the Competitiveness Evaluation of the Coal Corporations,F426.21
  11. The Establishment and Effectiveness of Financial Risk Assessment Index System of Listed Companies Based on VaR,F832.51;F224
  12. An Study on the Efficiency of the Listed Real Estate Companies Based on Factor Analysis Method,F224
  13. A Research on the Evaluation of Financial Competitiveness for Listed Companies Related to Agriculture,F832.51;F224
  14. Empirical Study on Ownership Structure and the Sensitivity of Capital Expenditures,F426.72;F224
  15. The Correlational Study of between Characteristic of Corporate Governance Structure and Earnings Management of Gem Listed Companies,F275
  16. Study on the Relationship between Debt Financing and Accounting Conservatism of Chinese Private Listed Companies,F275
  17. Legal Research on China’s Institutional Investors Participating in Corporate Governance,F832.51
  18. Shanghai and Shenzhen listed companies' capital structure and corporate performance relationship analysis,F276.6
  19. The Analysis on Financial Channels of Guangxi SMEs Based on Pecking Order Theory,F276.3
  20. Research on the Effect of Internal Governance Structure of Companies on Accounting Information Transp Arency,F275

CLC: > Economic > Economic planning and management > Economic calculation, economic and mathematical methods > Economic and mathematical methods
© 2012 www.DissertationTopic.Net  Mobile