TITLE:
The Empirical Analysis of State-Owned Enterprises Performance and Ownership Structure: Based on the Panel Data of State-Owned Enterprises in Sichuan
AUTHORS:
Xuefeng Du, Yixiang Tian, Gaoxun Zhang, Honglei Zhang
KEYWORDS:
State-Owned Enterprise Performance, Super-Efficient DEA, Panel Data Model, Ownership Structure
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.2 No.9,
September
26,
2014
ABSTRACT: In this paper, we used Super-efficient DEA methodology
and panel data analysis methods to analysis of the relationship between the performance
of state-owned enterprises of Sichan and its shareholding structure. The results
showed that: there is no significant correlation between the ownership concentration
and corporate performance; there exists significant negative correlation between
the proportion of state-owned shares and corporate performance; there is no significant
correlation between the proportion of corporate shares and corporate performance.
Thus, that moderate control the proportion of state-owned shares will be benefit
to the state-owned enterprises of Sichuan.