The Input And Output Connection Analysis On Xinjiang Industrial Structure

The ownership structure is a foundation of the corporate governance, whether its installing condition is reasonable has a decisive effect for the efficiency of the corporate governance. Therefore when designing the corporate governance, we should set up a reasonable common ownership structure. In 29th, April, 2005, the reform of ownership divided goes widely in the listed companies in China. With the reasonable foundation of the corporate governance come into being, it is significant to research the relationship between ownership structure of a listed company and its performance.Under the foreign learners and the domestic learners' study results, Empirical researches on the relationship between ownership structure and a company's performance are done. the relations between the two are examined, After discussing the theoretical foundation for this paper, then the hypothesis for this paper is proposed. Enterprises of XinJiang province in Shanghai and Shenzhen Stock Exchanges in year 2004 and 2006 being used as sample, and proposals on improving ownership structure are explored. The data of annual and quarter report that the listed companies announced are the main source of data that this paper carries on the empirical research.The empirical results show that: firm performance is significant"U一style" related with the GYU,FRG and LTG index. The results indicate the firm performance have a significant line regression with ownership concentrate index basiclly;The existing of control holder has a positive effect on company performance. Whether the control holder is the state or the firm has little effect on the performance.