Dissertation > Excellent graduate degree dissertation topics show

A Study on the Impact of Company Performance Effect over Controlling Shareholders Funds Used

Author: WeiYuQin
Tutor: LiZhiGang
School: Jilin University
Course: Accounting
Keywords: Large shareholders funds used Operating performance Ownership Concentration The proportion of independent directors
CLC: F276.6
Type: Master's thesis
Year: 2011
Downloads: 75
Quote: 0
Read: Download Dissertation

Abstract


According to rough statistics, China's largest shareholder funds used actual amount is about one hundred billion yuan. Past decade listed companies through the listing of the total amount of financing is only one trillion yuan, which indicates that nearly 10% of the funds listed companies in this regard \. Listed companies delisting survey found that one of the major shareholders funds used their common characteristics. Moreover, the prevalence of most of the listed companies in China due to the dominance of \The transfer of resources from the behavior of the major shareholders will cause many adverse consequences, in addition to the infringement of the interests of minority shareholders, but also to become the country's economic and financial development of the barrier. The largest shareholder of the funds used behavior may be induced by the Southeast Asian financial crisis in 1997 one of the elements (Johnson, 2000); occupation of the behavior of the large shareholders' funds not only be listed on the company's comprehensive quality impact, but also the accuracy of the information disclosure of listed companies sex cause interference. Currently occupied by large shareholders and corporate performance, at home and abroad just an indicator of the company, and there is no comprehensive consideration of the indicators, but specifically for the research of China's manufacturing industry listed company less. Major shareholders of listed companies in China's manufacturing industry accounted for Research models and corporate performance is kind of how it? Big Shareholders of the influencing factors, what does?% Of models the behavior of the consolidated operating performance of major shareholders, they presented What kind of relationship do? from the performance of the company, ownership concentration, the proportion of independent directors, the equity balance degree, the size of the company, the nature of property rights angle to illustrate the large shareholders accounting for the impact factors of the models, and the largest shareholder funds used for the explanatory variables using principal component analysis derived consolidated results of the Company (This article by IAOP), ownership concentration, the proportion of independent directors as explanatory variables; come to the following conclusions: (1) The listed company operating performance ability at different levels, different models accounting for the behavior of the major shareholders, presented inverted N-type relationship between the two. When the listed companies in the manufacturing sector IAOP lt; -0.67 when, major shareholders and the operating performance of the manufacturing listed companies IAOP is negatively correlated with the reduction of the IAOP, in order to reduce the loss may be bankruptcy, the largest shareholder accounting models increased; When the IAOP ranged from -0.67 to 1.43, the largest shareholder with the increased performance of the company and increase manufacturing listed company funds used; IAOP is greater than 1.43, a big manufacturing company by its shareholders The funds used will reverse the changes in the relationship, the lower the better, Big Shareholders of the company's operating performance. (2) Ownership Concentration and the nature of the shareholders and manufacturing companies in the market share of subsection behavior is a significant negative correlation between the equity interest in the highly concentrated inhibit behavior occupied by the controlling shareholder of the company funds. The proportion of independent directors on the largest shareholder accounting models did not significantly affect the role, but also the establishment of our independent directors did not play a key role in constraint of the governance structure of the board of directors still need a strong improvement.

Related Dissertations

  1. RD input and results of operations of China's high-tech listed company,F276.44;F224
  2. An Study on the Efficiency of the Listed Real Estate Companies Based on Factor Analysis Method,F224
  3. The Study on the Relation of Senior Executive’s Stock-based Incentive and Corporate Performance in Our Listed Companies,F276.6
  4. The Empirical Study on Performance of Listed Companies with Different Objects,F224
  5. Ownership Structure and annual information correction Relationship,F832.51;F224
  6. Ownership structure of listed companies on the effective income tax impact study,F812.42
  7. Venture capital for innovative business performance Empirical Study,F272;F224
  8. Type the phone menu ergonomics research,TN929.53
  9. Study on the Determinants of Large Scale Supermarket Location,F224
  10. China Trust governance structure and operating performance Empirical Analysis,F224
  11. Research on Over-investment Behavior and Corporate Governance Mechanism,F224
  12. SME board listed company Ownership Concentration and Corporate Performance Relationship,F276.6;F224
  13. Relationship management equity incentive , equity structure and corporate performance,F276.6;F224
  14. Control over the transfer of operating performance and technological innovation,F273.1;F224
  15. The Research on Business Diversification of State-owned Survival Companies,F224
  16. Building Comprehensive Evaluation of Business Performance,F426.92
  17. A Research to the Relationship Among Equity Structure、Financing Structure and Product Market Compitition Power,F275
  18. Independent Audit affect the company's actual results of operations,F276.6;F224
  19. The Research of the Relation between Independent Director System and Audit Opinion,F239.4
  20. Research on the Relationgship between the Behavior of Changing the Investment Project and the Operating Performance of the Listed Companies in China,F832.5;F224
  21. Ownership Concentration, Equity Liquidity Impact on China’s Listed Companies Performance,F832.51;F224

CLC: > Economic > Economic planning and management > Enterprise economy > A variety of enterprise and economic > Company
© 2012 www.DissertationTopic.Net  Mobile