Analysis on supervision effectiveness of four types of stakeholders in corporate governance of listed companies in China

被引:0
|
作者
Wang, ZJ [1 ]
Wu, QH [1 ]
Xiao, DY [1 ]
机构
[1] Huazhong Univ Sci & Technol, Sch Management, Wuhan 430074, Peoples R China
来源
Fourth Wuhan International Conference on E-Business: The Internet Era & The Global Enterprise, Vols 1 and 2 | 2005年
关键词
corporate governance; capital structure; insider control; stakeholders; monitor;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
Corporate governance is becoming a global issue. Based on capital structure and insider control theory, combined with the practice of China, this article has analyzed the monitor effect of four types of stakeholders, such as main creditor, holding shareholders etc. From qualitative analysis and empirical research, we have gotten the following conclusion: at present, non-state-owned holding shareholders and institutional investors are the most effective stakeholders which ameliorate corporate governance mainly by monitoring insiders' behavior.
引用
收藏
页码:876 / 882
页数:7
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