International Journal of Frontiers in Sociology, 2021, 3(1); doi: 10.25236/IJFS.2021.030103.
Jianwei Ma and Yunqing Gao*
School of Economics and Management, Lanzhou University of Technology, Lanzhou 730000, China
With the comprehensive deepening of the reform of mixed ownership, does the shareholding structure of state-owned enterprises affect its performance? How does it affect? To this end, this article selects the data of A-share listed companies from 2014 to 2018 to explore the interrelationships between shareholding structure, board governance and corporate performance. The results show that: (1) equity concentration and equity balance have a positive impact on corporate performance; (2) equity concentration and equity balance have a positive impact on board governance; (3) between shareholding structure and corporate performance Board governance plays a clear mediating role.
State-Owned Enterprises; Shareholding Structure; Board Governance; Corporate Performance
Jianwei Ma and Yunqing Gao. Shareholding Structure, Board Governance, and Corporate Performance. International Journal of Frontiers in Sociology (2021), Vol. 3, Issue 1: 18-29. https://doi.org/10.25236/IJFS.2021.030103.
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