| Ownership structure is about the relationship between different types of stock and their ratios in incorporated companies. Also, ownership structure is the base of management for a company. It has a significant influence on value and business outcome of an enterprise. Fund is the basic requirement for survival and development of an enterprise, and it is also the prerequisite to run a company. As an important way of enterprise financing, bank loan is very important for the survival and development of an enterprise. On the one hand, ownership structure influences the value and business outcome of a company. On the other hand, the value and business outcome of a company is an important guarantee to bank loans. Consequently, bank loans of an enterprise are surely influenced by its structure of ownership.This thesis mainly describes two aspects, which analyze and demonstrate how ownership structure influences the bank loans: the concentration degree and the type of actual controller. Through the research, the results show that the concentration degree of ownership appears a positive association with bank's loan amount and term. Compared to the actual controller whose type is non state-owned enterprise, the actual controller which belongs to state-owned enterprise has more bank loans, longer loan period and lower borrowing costs of banks. The concentration degree of ownership have little influence on borrowing costs of banks.The research of ownership structure influences the bank loans offers a new viewpoint on the influential factor concerning bank loans and financing of an enterprise. And it enriches the variety of related research literature. According to this thesis, we discuss an innovative recommendation regarding improvement of ownership structure, capability of bank loans and financing in our country. And it enhances the capability of borrowing bank loans, releasing the financing pressure, and ensuring the sustainable operation of the enterprise in our country. |
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