Ownership structure is the foundation of corporate governance, so it is of great practical significance to study the relationship between ownership structure and corporate performance. This paper aims to study the relationship between ownership structure and business performance of listed companies in Guangxi, combine the conclusions and put forward some suggestions, hoping to provide some reference significance for Guangxi listed companies to optimize ownership structure and improve business performance. This paper selects the financial data of 29 A-share listed companies in Guangxi from 2016 to 2019 after excluding financial abnormalities and financial companies, establishes A multiple linear regression model and analyzes the conclusions. The results show that there is a weak negative correlation between ownership concentration and operating performance of listed companies in Guangxi, and the proportion of the largest shareholder has a negative impact on operating performance at the significant level of 10%, while the impact of equity balance and equity attribute on operating performance is not significant. Based on the conclusion, the following suggestions are obtained: Guangxi listed companies should maintain proper ownership concentration and balance degree, form a diversified ownership structure, and the government should strengthen market supervision and legal protection of investors' interests.

Yirui Yin. Research on the influence of ownership structure on operating performance of listed companies in Guangxi. Academic Journal of Business & Management (2024) Vol. 6, Issue 10: 98-103. https://doi.org/10.25236/AJBM.2024.061016.

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