An Empirical Study of the Impact of Institutional Investors on Corporate Governance and Corporate Performance, Base on Samples of Familial Listed Companies in China
Using Panel Data methods,this paper examines the impact of institutional investors on corporate governance and corporate performance,based on samples of familial listed companies in China from 2006 to 2008. The research shows that after investing in familial listed companies,institutional investors would play an important role to improve corporate governance. Simultaneously,the proportion of institutional investors’ shareholding was positively correlated with corporate performance of familial listed companies. The participation of institutional investors would improve corporate performance.
展开▼