上市公司交叉持股行为与企业绩效的相关性研究-工商管理专业论文.docxVIP

北京化工大学硕士学位论文股相关制度，鼓励企业之间进行长期交叉持股等政策建议。 北京化工大学硕士学位论文 股相关制度，鼓励企业之间进行长期交叉持股等政策建议。 关键词：上市公司，交叉持股，企业绩效，多元线性回归 万方数据 ABSTRACTCross-shareholdings ABSTRACT Cross-shareholdings of listed companies behavior and Enterprise Performance Correlation ABSTRACT Since 1 997 Liaoning Chengda shares withGF Securities，the emergence of this event opened a new chapter in cross—shareholdings of listed companies． With the development of economic，the phenomenon of cross—shareholdings among listed companies in emerging，its high growth has become an important strategic alliance to achieve a breakthroughin China．Influence the behavior of cross—holdings on firm performance and even become a social theory research focus．In this paper,the sample group is China’S Shanghai and Shenzhen Stock Exchanges listed companies who exist the direct cross—shareholding．By studying the motivation of cross-shareholdings，current status and use of relevant data disclosed annual reports of listed companies to obtain cross-holdings for corporate profitability,asset quality,debt risk，operational growth have different impacts，and propose targeted suggests based on findings recommendations． This paper reviews the literature and learn about cross—ownership and corporate performance-related effects，combined with the characteristics of China’S Shanghai and Shenzhen market，qualitative analysis of the theoretical 万方数据 北京化工大学硕士学位论文basis 北京化工大学硕士学位论文 basis of the current cross-shareholdings among listed companies in China to produce the relevant strategies and motivation law Standard；Set Shanghai and Shenzhen between three direct cross-shareholdings of listed companies20 1 2 —20 1 4 as the sample group，and find the same industry does not exist under the same asset size of cross-shareholdings of listed companies as a control group．By comparing the sample group of companies and the control group differences in company profitability,asset quality,debt risk，operational growth and other aspects，examine whether they can Wilcoxon