摘要
股权结构与企业绩效之间存在着区间效应 ,合理的股权结构能为企业带来更高的价值 ,但不同竞争态势下的上市公司 ,其股权结构对公司价值的影响也不相同。为了使股权结构发挥所期望的作用 。
Rational equity structure will create greater valuation since there exists an interval effect between equity ownership and corporate performance. However, the impact on corporate valuation and performance depends on the competition mode. Therefore, enhancement of industry competition will be very helpful to realize the function of equity ownership as expected.
出处
《财经理论与实践》
CSSCI
北大核心
2003年第2期32-36,共5页
The Theory and Practice of Finance and Economics
基金
国家自然科学基金 ( 70 172 0 18)
关键词
竞争态势
股权结构
公司价值
Competition mode
equity ownership
corporate valuation
