2005Caijing luncongRequires access

Studies of the Relationship Between Shareholdings of Insiders and the Governance Efficiency of China Listed Companies

Luo Ming-min

Open publisher page 0 citations

Abstract

This paper examines the relationship between shareholdings of insiders and governance efficiency of the listed companies. Regression results of 1002 Shanghai and Shenzhen listed companies observations in 2003 show that, as an incentive mechanism, shareholdings of insiders play an active role in corporate governance. However, there are some defects in our insider shareholding system, especially in state-owned companies. Finally, we put forward some suggestions.

About this research paper

What this paper is about

This paper examines the relationship between shareholdings of insiders and governance efficiency of the listed companies. Regression results of 1002 Shanghai and Shenzhen listed companies observations in 2003 show that, as an incentive mechanism, shareholdings of insiders play an active role in corporate governance. However, there are some defects in our insider shareholding system, especially in state-owned companies. Finally, we put forward some suggestions.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

This paper examines the relationship between shareholdings of insiders and governance efficiency of the listed companies. Regression results of 1002 Shanghai and Shenzhen listed companies observations in 2003 show that, as an incentive mechanism, shareholdings of insiders play an active role in corporate governance. However, there are some defects in our insider shareholding system, especially in state-owned companies. Finally, we put forward some suggestions.

Key concepts: Corporate governance, Insider, Incentive, Business, China, Accounting, Mechanism (biology), Finance

Related papers

Back to paper searchBrowse research topicsOriginal source
Studies of the Relationship Between Shareholdings of Insiders and the Governance Efficiency of China Listed Companies — Research Paper | ScholarLens