| 大股东地位、产权属性与控制权利益获取——基于大宗股权交易视角的分析 |
| |
| 引用本文： | 叶会,李善民. 大股东地位、产权属性与控制权利益获取——基于大宗股权交易视角的分析[J]. 财经研究, 2011, 0(9): 134-144 |
| |
| 作者姓名： | 叶会 李善民 |
| |
| 作者单位： | 浙江工商大学财务与会计学院;中山大学管理学院; |
| |
| 基金项目： | 国家自然科学基金资助项目(70972074); 教育部人文社会科学研究青年基金资助项目(10YJC630369);教育部人文社会科学研究资助项目(09YJC630203) |
| |
| 摘 要： | 文章利用2006-2010年发生的大宗股权交易事件,对大股东获取控制权利益行为进行分析。研究结论表明,大股东在所有权结构中的控制能力越强,能够获取的控制权利益水平就越高,但是与非控股大股东相比,处于控股地位的大股东更倾向于以私有收益的方式实现控制权利益;与非国有股东相比,国有性质的股东更倾向于以私有收益的方式实现控制权利益;较好的市场环境能够有效抑制获取控制权私利行为,尤其是对控股大股东和国有性质股东获取私利行为的作用程度和效果更明显。
|
| 关 键 词： | 大股东地位 产权属性 控制权利益 大宗股权 |
Large Shareholders' Position,Features of Property Right and the Gain of Control Benefits:Analysis from the Angle of Block Share Transfer |
| |
| YE Hui,LI Shan-min. Large Shareholders' Position,Features of Property Right and the Gain of Control Benefits:Analysis from the Angle of Block Share Transfer[J]. The Study of Finance and Economics, 2011, 0(9): 134-144 |
| |
| Authors: | YE Hui LI Shan-min |
| |
| Affiliation: | YE Hui1,LI Shan-min2(1.School of Finance and Accounting,Zhejiang Gongshang University,Hangzhou 310018,China,2.School of Business,Sun Yat-senUniversity,Guangzhou 510275,China) |
| |
| Abstract: | This paper explores the behavior of large shareholders' gaining control benefits by using the data of block share transfer from 2006 to 2010.The results show that under the stronger control of large shareholders in ownership structure,large shareholders will gain control benefits with a higher level,and compared to non-controlling shareholders,large shareholders as controlling shareholders are more apt to achieve control benefits by private benefits;compared to non-state-owned shareholders,state-owned share... |
| |
| Keywords: | large shareholders' position feature of property right control benefit block share |
| 本文献已被 CNKI 等数据库收录！ |
|
