Whether Insurance Institutional Investors Holding Stock Can Improve The Operating Performance Of Listed Companies?

As China's social and economic developing,the insurance industry has achieved rapid development.As of the end of 2016,the total assets of the our country insurance industry has reached 15.116916 trillion Yuan,and it is on the growth of 22.31%.The income of our country insurance has reached 3.0959 trillion Yuan,increased 27.49%year-on-year.The continuous development of the insurance industry to promote the development of related industries,and the use of insurance funds are also growing at the same time.In the condition that the investment management and supervision system are in of constant improvement,the insurance company is in the identity of institutional investors to participate in the stock market.Insurance institutional investors holding listed companies not only broaden the insurance fund investment channels,but also promote the service efficiency of funds.Although the insurance industry of our country at present has achieved very good results and maintaining high growth momentum,but in our country and some countries with developed insurance industry still has certain gap,especially in the investment of insurance funds utilization and regulation.As an important part of institutional investors,China's insurance institutional investors are still in the stage of exploration.Some deficiencies are inevitably exposed in this process,but it also provides the valuable experience to the development of China's insurance industry.As an important source of funds,insurance funds provide a long-term stability of the financial support to the development of the listed companies,and it can also adjust the size of the market and the balance of the money supply effectively.In addition,if insurance institutional investors take part in a stock market manipulation of insurance funds,which will increase the risk of speculation and stock market.It not only against the original intention,but also will affect the insurance company's own survival.At present,the theory about China's institutional investors and the performance of listed companies has made great progress.The theory of institutional shareholder activism,the principal-agent theory and stakeholder can provide a support which is useful to analyze the correlation of institutional investors and the performance of listed companies.However,the study on the relationship between the insurance company and the operating performance of listed companies that is still in the discussion stage.Based on the data of the China's listed companies operating performance and the insurance institutional investor shareholding between the year of 2014 an the year of 2016,this paper will make an empirical research and analysis.Combined with the status quo and pattern of stock investment of insurance funds in China and abroad,discusses the effective model for stock investment of insurance funds in our country,and how to promote the insurance institutional investors holding and the good interaction between the stock market development put forward the corresponding suggestion...