An Empirical Analysis On Ownership Structure, Corporate Governance And Firm Performance

China has take great stress on developing IT industry as a strategic industry. It has great theoretical and practical meaning to study the characteristics and relation between ownership structure, corporate governance and corporate performance of IT listed companies, which help to optimize the ownership structure and corporate governance structure of IT companies.This paper is based on research ideas, such as theory research, empirical testing, and countermeasure suggestions. At first, it introduces the fundamental theory of corporate governance. Then it is followed the detail analysis on the relation between ownership structure, corporate governance and firm performance from three aspects like the property of ownership, the concentration of ownership and top management shareholding. Analysis suggests that firm performance is closely correlated with ownership structure and corporate governance.On the basis of theory analysis, a series of empirical analysis have been conducted on IT listed companies for the relation between ownership structure and firm performance. Three groups of multi regression analytical models have been built in three aspects like the property of ownership, the concentration of ownership and top management shareholding. The hypothesis have been well testified by the models. Besides, three detailed case analysis provide more evidence for the conclusion. Empirical results show: the percentage of the state-owned shareholding and the tradable shareholding is negative related with firm performance; the percentage of law persons shareholding is positive related with firm performance; the concentration of ownership is significant " (?) -style" related with firm performance; the percentage of top management shareholding is positive related with firm performance.Finally, some countermeasures suggestions are proposed in optimizing corporate governance of Chinese IT listed companies.