摘要
理论分析和实证检验表明,股权分置改革使上市公司价值普遍提高了16%以上,且提高幅度与盈利潜力及控股股东的持股比例呈递增关系。它更有利于提高“一股独大”公司的治理绩效,并修正资本市场的定价功能。
Theoretical and positive analysis shows that equity disporting reform makes the value of listed companies go up by more than 16%, and the extent is positively related to profit potential and the percentage of controlling stockholders. The reform could improve the governance performance of corporations with single big holder, and correct the pricing function of capital market.
出处
《经济理论与经济管理》
CSSCI
北大核心
2007年第1期54-59,共6页
Economic Theory and Business Management
关键词
股权改革
公司治理
资产价值
政策评价
equity reform corporation governance l assets value policy evaluation
