haku: @indexterm SHARE OWNERSHIP / yhteensä: 259
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| Tekijä: | Huang, Yuncheng |
| Otsikko: | The structures of stock companies and corporate governance (original in Chinese) |
| Lehti: | Finance and Trade Economics (c)
1996 : 11, p.12-16 |
| Asiasana: | SHARE OWNERSHIP STOCK MARKETS |
| Kieli: | chi |
| Tiivistelmä: | The share structure of China's listing companies has the following characteristics: The distribution of shares is concentrated and state-owned shares hold the dominant position. The proportion of corporate shares is lower than that of state shares and both of them can not circulate. Almost no financial institutions hold shares. The proportion of private shares which can circulate is smaller. Besides the above, the characteristics of property right structure of China's listing companies also decide the features of corporate governance structure, such as pluralist targets for appraisal of companies, no effective inspiring mechanism and a lack of subjects for reorganization. The present property right structure and corporate governance structure is unfavorable to the long-term development of companies. |
SCIMA