本文選題：政府控股　切入點(diǎn)：國有集團(tuán)控股　出處：《當(dāng)代經(jīng)濟(jì)管理》2017年09期 　論文類型：期刊論文

【摘要】：中國上市公司股權(quán)集中度頗高,普遍存在控股股東且類型多元化,厘清不同類型股東的控股特征是研究中國上市公司治理問題的邏輯前提。本文以實(shí)際行權(quán)主體為判定依據(jù),把上市公司控股股東分為三類,并深刻剖析其持股特征,發(fā)現(xiàn):政府控股呈現(xiàn)出政府導(dǎo)向型價(jià)值取向、產(chǎn)權(quán)主體缺位嚴(yán)重以及行政干預(yù)下經(jīng)營者控制等特征;國有集團(tuán)控股的特征表現(xiàn)為市場導(dǎo)向型價(jià)值取向、產(chǎn)權(quán)主體缺位部分緩解以及控股股東與經(jīng)營者雙主體控制;而民營控股則具有金字塔式股權(quán)控制、產(chǎn)權(quán)主體監(jiān)督到位、實(shí)際控制人主導(dǎo)的家族控制等特征。
[Abstract]:The ownership concentration of listed companies in China is quite high, the controlling shareholders are widely existed and the types are diversified. It is the logical premise to study the governance problems of listed companies in China by clarifying the controlling characteristics of different types of shareholders. The controlling shareholders of listed companies are divided into three categories, and the characteristics of their shareholding are deeply analyzed. The findings are as follows: government holding has the characteristics of government-oriented value orientation, serious absence of property rights subject and executive control under administrative intervention; The characteristics of state-owned group holding are market oriented value orientation, partial relief of the absence of property rights subject and dual main control of controlling shareholders and operators, while private holding shares have pyramid equity control, and property rights subject supervision is in place. Actual control of the family dominated by people, and other characteristics.
【作者單位】： 西安外國語大學(xué)經(jīng)濟(jì)金融學(xué)院;
【基金】：國家自然科學(xué)基金項(xiàng)目《風(fēng)險(xiǎn)投資與小微企業(yè)創(chuàng)新:增值與盤剝的新視角》(71673216)的階段性成果 西安外國語大學(xué)校內(nèi)重點(diǎn)科研項(xiàng)目《以產(chǎn)業(yè)升級(jí)為導(dǎo)向的陜西省對外直接投資的產(chǎn)業(yè)選擇策略研究》(15XWA03)的資助
【分類號(hào)】：F275;F832.51
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本文編號(hào)：1637766