Management Ownership and Corporate Performance: Empirical Evidence from Private Listed Firms in China

被引：0
|
作者：
Gao Jie [1 ]
Du Jinmin [1 ]
机构：
[1] Jinan Univ, Sch Econ, Jinan 510632, Peoples R China
来源：
RECENT ADVANCE IN STATISTICS APPLICATION AND RELATED AREAS, PTS 1 AND 2 | 2008年
关键词：
Management Ownership; Corporate Performance; The Convergence of Interest Effect; The Entrenchment Effect;
D O I：
暂无
中图分类号：
O29 [应用数学];
学科分类号：
070104 ;
摘要：
Management ownership have two contrary effects on corporate performance, the convergence of interest effect and the entrenchment effect. Using a sample of private listed firms during 2002 to 2005, we investigate the relationship between management ownership and corporate performance. We find that the proportion of management ownership is positive associated with Tobin's q, and there is no reverse U relationship between management ownership and corporate performance. In summary, our results support for the convergence of interest effect.
引用
收藏
页码：595 / 599
页数：5
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