摘要
本文从A股、B股和H股三个市场的比较分析入手,求同存异,探讨上市公司共同绩效表现背后的制度缺陷,对治理机制的分解表明制度缺陷如何导致公司治理机制残缺,然后通过治理机制滞后模型分析上市公司效益低下和不断下滑的内在机理,并回答了为什么交叉类上市公司业绩表现不如单一上市公司。
Starting with the comparison of three markets, namely A-share Market, B-share Market and H-share Market, and seeking common points while reserving differences, this paper discusses institutional defect hidden behind the common performance of corporate and shows how the institutional defect leads to Corporate Governance deformity by decompounding Corporate Governance. Then through Governance-lag Model, the paper analyzes the internal mechanism of low-performance and continuous decreasing in China Listed Companies, and answers why double-listing companies are worse than single-listing companies in performance.
出处
《中国软科学》
CSSCI
北大核心
2004年第8期60-65,共6页
China Soft Science
