摘要
本文采用已经完成股改的38批共1011家上市公司的数据作为研究样本,分析了股改所引起的第一大股东持股比率变化、第一至第五大股东持股比率分别变化以及绝对控股股东变化的情况,并分析了由此变化对资本市场、公司治理、中小股东利益、内部人控制以及公司经营发展等方面所产生的正面效应和负面影响。
This paper uses the data of 38 batches of Chinese listed companies which finished the dual-class equity structure reform, amount to 1011 listed companies. This paper examines the changes of the five largest shareholder's stock-holding ratio and actual control shareholder. This paper also analyzes that the changes will have the positive effect and passive effects on capital market, corporate governance, minority shareholders' interest and insider control problems.
出处
《开放导报》
北大核心
2006年第5期104-106,共3页
China Opening Journal
关键词
上市公司
股权结构
一股独大
股权分置改革
Listed company, Ownership structure, The Single-Large shareholder, Dual-Class equity structure reform