Ownership Structure Of Listed Companies In China, Its Operational Performance Correlation Study

The equity structure and corporate performance of listed companies has been being a hot topic and a difficult problem being focused by both the academia and empirical researchers, but the conclusions reached differ greatly as there exist different perspectives on this subject. Thus, it is an important problem demanding prompt solution and the systematic research results are expected to be given. This paper took the listed companies of electrical industry as objects, through analyzing the data of equity structure and corporate performance published by the companies, to revel the relationship between equity structure and the corporate performance for the purpose of seting up a practical model suitable for China and consummating the theory and methodology for the equity structure and corporate performance of listed companiesThis study has immediate significance for the listed companies to draw out development strategies, optimize the equity structure, raise the corporate performance, and to intensify the core competitiveness. It can provide the theoretical basis for the governmental administrations to make and adjust policies in time and for the investors to decide the investing direction. Meantime, this study can also accelerate the reform of state-owned enterprises and establishment of modern enterprise system.Based on the review of related literature, the status and causes of equity structure of the listed companies in China and the characters of...