The Research Of The Relationship For Ownership Structure And Corporate Performance Of Pharmaceutical Listed Companies In China

How to improve the company's operating performance is one of the focus of attention of listed companies.By contractual arrangements,stakeholders form specific corporate governance structure.The balances mechanism under the separation of ownership and managerial authority can effectively prevent the behaviors of damaging the interests of the company's and the shareholders'.It can ensure the long-term orderly development of the enterprise.But,what is the influence of ownership structure on corporate performance?What is the efifective ownership structure of the listed companies?Is it yes or not that optimized ownership structure can significantly improve the level of corporate performance?These problems have been closely watched.The pharmaceutical industry is very important for people's livelihood,economic development and social progress.Its industry position is self-evident.However,its characteristics of high technology,high risks and high profitability determines that its shareholding structure arrangement is different from other industries.Under the background of the capital market reform and constantly improving listed companies'governance,the equity structure of some listed companies is still not reasonabl.The level of corporate governance is not high.These seriously affect the operating performance and steady development.Therefore,it is necessary for deeply studying on the relationship for ownership structure and corporate performance of China's pharmaceutical listed companies.The study has a great significance for perfecting the corporate governance of listed companies,trainning and establishing the modern enterprise system,as well as raising the overall level of the pharmaceutical industry development.Using qualitative and empirical research methods,firstly,the article concludes and states ownership structure status and operation status of the pharmaceutical industry in our country.Secondly,the article has carried on the qualitative analysis combining the relevant theories.Once again,on the basis of qualitative,The article selectes appropriate sample data.It uses multivariate linear regression model to implement an empirical analysis,and puts forward the research conclusions.Finally,based on the research conclusion,it recommends some resources to improve ownership structure of pharmaceutical listed companies in China,and to improve their operating performance.