本文關(guān)鍵詞：我國(guó)汽車(chē)制造業(yè)上市公司股權(quán)結(jié)構(gòu)與公司績(jī)效研究　出處：《燕山大學(xué)》2013年碩士論文　論文類(lèi)型：學(xué)位論文

  更多相關(guān)文章： 汽車(chē)制造行業(yè) 股權(quán)結(jié)構(gòu) 公司績(jī)效 實(shí)證研究

【摘要】：本文經(jīng)過(guò)參考世界各國(guó)的研究理論，對(duì)汽車(chē)制造業(yè)的股權(quán)結(jié)構(gòu)與公司績(jī)效研究，可幫助準(zhǔn)確判斷現(xiàn)階段此次改革的功效，有助于政策制定者能在該領(lǐng)域進(jìn)行正確選擇方針政策，有助于改善中國(guó)的股票市場(chǎng)的運(yùn)行機(jī)制，可以大大的促進(jìn)我國(guó)證券市場(chǎng)和上市公司的健康穩(wěn)步可持續(xù)的發(fā)展。 第一，本文闡述了研究背景和研究意義，，通過(guò)對(duì)國(guó)內(nèi)外股權(quán)結(jié)構(gòu)與績(jī)效的相關(guān)研究成果的回顧，分析以往文獻(xiàn)研究的不足之處，提出本文研究的切入點(diǎn)，同時(shí)闡述了本文的研究?jī)?nèi)容和研究方法。 第二，本文對(duì)相關(guān)的理論基礎(chǔ)與研究綜述進(jìn)行說(shuō)明介紹，包括股權(quán)結(jié)構(gòu)和公司績(jī)效等基本概念和相關(guān)的理論綜述，有企業(yè)契約理論、產(chǎn)權(quán)理論、兩權(quán)分離理論和委托代理理論，并進(jìn)一步說(shuō)明了股權(quán)結(jié)構(gòu)對(duì)公司績(jī)效的作用機(jī)制。 第三，本文闡述了股權(quán)結(jié)構(gòu)及其績(jī)效的影響機(jī)制，從股權(quán)集中度、股權(quán)制衡度、股權(quán)性質(zhì)與績(jī)效分析和經(jīng)營(yíng)者持股的績(jī)效分析四方面進(jìn)行分析，為下文的研究奠定基礎(chǔ)。 第四，在選取公司業(yè)績(jī)指標(biāo)上，本文從盈利能力、營(yíng)運(yùn)能力、償債能力和資金鏈狀況四個(gè)方面選取了7個(gè)財(cái)務(wù)指標(biāo)，利用主成分分析法，獲得一個(gè)綜合業(yè)績(jī)指標(biāo)，建立多元回歸模型，研究股權(quán)結(jié)構(gòu)與公司績(jī)效的內(nèi)在關(guān)系，從而揭示了兩者在我國(guó)特殊經(jīng)濟(jì)制度環(huán)境下的內(nèi)在聯(lián)系。 最后，提出本文結(jié)論，根據(jù)以上實(shí)證研究和分析結(jié)論，本文為改善我國(guó)上市公司股權(quán)結(jié)構(gòu)、提高公司績(jī)效，提出了四點(diǎn)政策和建議，優(yōu)化上市公司股權(quán)結(jié)構(gòu)，發(fā)揮激勵(lì)約束機(jī)制，完善法律規(guī)范制度等。
[Abstract]:This paper through the study of theoretical reference in all countries of the world, the research on ownership structure and corporate performance of the automobile manufacturing industry, can help to accurately judge the present stage of the reform effect, help policymakers can make the correct choice of policies in the field, the operating mechanism is helpful to improve the Chinese stock market, can greatly promote China's securities market and listed companies in the healthy and sustainable development.
First, this paper describes the background and significance of the research. By reviewing the relevant research results of ownership structure and performance at home and abroad, the deficiencies of previous literature research are analyzed, and the breakthrough point of this research is proposed. Meanwhile, the research contents and research methods of this paper are expounded.
Second, the theoretical basis and related research are introduced, including the basic concept of ownership structure and corporate performance and other related theories, with the enterprise contract theory, property rights theory and the principal-agent theory, theory of separation of two rights, and further discusses the mechanism of ownership structure on corporate performance.
Third, this paper expounds the impact mechanism of ownership structure and performance, and analyzes from four aspects, namely, ownership concentration, equity balance, stock ownership property and performance analysis, and performance analysis of operator shareholding, laying the foundation for the following research.
Fourth, in the selection of the company's performance indicators, this article from the profitability, operation ability, the four aspects of solvency and capital chain condition selects 7 financial indicators, using principal component analysis, a comprehensive performance index, establish regression model, study the inherent relationship between the equity structure and corporate performance, so as to reveal the the relationship of the two in China's special economic system environment.
Finally, the paper puts forward the conclusion. Based on the above empirical research and analysis conclusion, this paper puts forward four policies and suggestions to improve the ownership structure and corporate performance of Listed Companies in China, optimize the ownership structure of listed companies, give play to incentive and restraint mechanisms, and improve the legal norm system.

【學(xué)位授予單位】：燕山大學(xué)
【學(xué)位級(jí)別】：碩士
【學(xué)位授予年份】：2013
【分類(lèi)號(hào)】：F275;F426.471

【參考文獻(xiàn)】

相關(guān)期刊論文 前4條

1 張銀杰;股權(quán)結(jié)構(gòu)對(duì)公司治理結(jié)構(gòu)和行為的影響[J];上海財(cái)經(jīng)大學(xué)學(xué)報(bào);2002年01期

2 劉永春;宋增基;;股權(quán)結(jié)構(gòu)與公司績(jī)效:理論與實(shí)證研究前沿綜述[J];生產(chǎn)力研究;2008年04期

3 郝云宏;周翼翔;;基于內(nèi)生性視角的股權(quán)結(jié)構(gòu)與公司績(jī)效關(guān)系研究[J];商業(yè)經(jīng)濟(jì)與管理;2010年06期

4 李吉超;;我國(guó)上市公司股權(quán)結(jié)構(gòu)和公司績(jī)效關(guān)系實(shí)證分析[J];現(xiàn)代商貿(mào)工業(yè);2009年16期

本文編號(hào)：1374446