Ownership Concentration,Cost Stickiness And Corporate Performance

In today's global economic change,enterprises want to occupy a place in the increasingly competitive market,we need to understand the market demand and change management methods in an all-round way,in order to enhance the vitality of the enterprise and improve the performance of the enterprise.This makes it very important to evaluate the performance of the company correctly and objectively,which requires us to have a comprehensive and correct analysis of the factors that affect the performance of the enterprise,and the history of the company's performance is very long in the academic circle.In this case,corporate governance affects corporate performance,and the concentration of equity is an important part of corporate governance.At the same time,in improving the performance level of the company,the quality of enterprise cost control has a direct impact on the performance of the enterprise.The relationship between ownership concentration and corporate performance,Cost Stickiness and corporate performance,and the regulatory effect of ownership concentration on Cost Stickiness and corporate performance are studied.It provides some empirical evidence for corporate governance and corporate performance.The final results will help improve corporate governance.Based on the paper,taking the empirical data of non financial listed companies in China as the research sample,and then combining the three theories of incomplete contract and so on,analyzes the relationship between the ownership concentration,the Cost Stickiness and the company performance,and constructs the model through the combination of empirical analysis and normative research.The relationship between the relationship,the correlation between the Cost Stickiness and the company performance and the regulation effect of the ownership concentration on the relationship between the Cost Stickiness and the company performance,and finally get the conclusion that is consistent with the research hypothesis mentioned in this paper: 1,the ownership concentration and the company's short-term performance are U Type relationship has a positive U relationship with long-term performance of the company.2,both the Cost Stickiness and the company's long and short term performance have an inverted U relationship,and 3,the positive effect of Cost Stickiness on the company performance is weakened by the influence of ownership concentration.After studying the relationship between ownership concentration,Cost Stickiness and corporate performance,the following suggestions are given: 1.The market economy in China is in the transition stage,and the enterprises should maintain a relatively high level of relatively centralized ownership structure;2,appropriately raise the share proportion of other stocks in the East in order to form a certain ownership system.In order to avoid the negative effects of "one shareholder," 3,give full play to the advantage of the debt management and maintain the proper scale of debt to reduce the stickiness of the enterprise's cost.4,improve the executive incentive system.