股权结构与公司绩效相关性分析-金融学(含：保险学)专业论文.docxVIP

安徽 安徽财经大学硕士学位论文 THE ANALYSIS OF THE RELATIONSHIP BETWEEN EQUITY OWNERSHIP STRUCTURE OF COMPANIES AND THEIR PERFORMANCE ABSTRACT Ownership structure and performance of the company has been the relationship between theory and practice focus of attention, mainly because the company ownership structure and governance to promote the companys operations of the important relationship exists between the mechanism.However, the study of this issue has not yet reached the same conclusion. For Chinese economy are two main forms of organization - state-owned enterprises and private enterprises, due to their ownership structure and operating mechanism in the differences in their ownership structure are quite different. So, Chinas state-owned listed companies and private equity structure of listed companies there are differences in governance structure of state-owned listed companies and private companies the performance of listed companies are the same, this property for different companies according to their characteristics to optimize the governance structure, has a very important practical significance. In this paper, a theoretical and empirical, qualitative and quantitative research methods were used indicator of economic value added (EVA) and return on equity (ROE) as indicators of company performance, EVA is not only taking into account the cost of debt capital, equity also considered cost of capital, can reveal a more realistic operating performance of listed companies, can help investors determine whether a company in the current real value for shareholders. In this sense level, this article studies the management and investment for the companys shareholders of listed companies has a special value; and ROE as performance indicators for traditional research to provide a reference value. In theory, the ownership structure and corporate performance has defined the content, and principal-agent theory, property rights theory, these basic theories is