【作者】 谈立毅；

【导师】 余珊萍；

【作者基本信息】 东南大学 ， 金融学， 2006， 硕士

【摘要】 随着我国的改革开放不断深入和国家对民营经济的政策方针的演变,民营经济在国民经济中的比重越来越大。民营企业作为我国的新兴企业组织形态,已成为我国国民经济发展不可缺少的重要力量,民营企业的经营状况和管理水平对国家的经济发展有着重大的影响。研究和探索民营企业的治理结构是摆在我们面前的重要课题。本文首先运用规范研究的方法回顾了公司治理的基本内容,介绍了民营企业治理结构的理论基础,并对公司治理与绩效的关系进行了理论分析。接着对民营企业的发展历程及公司治理的现状进行了描述。随后以民营上市企业为样本,在收集大量数据的基础上,选取净资产收益率作为公司绩效的衡量指标,建立多元线性数学模型,利用SPSS12.0统计软件,进行回归分析,考察民营上市企业公司治理各影响因素与公司绩效指标之间的相关性和回归系数,得出了如下结论:一定程度的股权集中对于民营企业的经营绩效能够产生良好的作用;流通股与民营企业绩效呈显著负相关关系;董事长与总经理两职合一不利于民营企业的经营发展;机构投资者对于民营企业的经营管理能够起到良好的监督作用。最后,分别从法人主体、内部治理和外部治理等方面对完善民营企业治理结构提出了相应的政策建议。更多还原

【Abstract】 With the development of economy reform and change of government policy to civilian-owned economy, civilian-owned economy plays a more important role in the national economy. As a new enterprise organization form in our country, the performance and management level of civilian-owned enterprises have great influence on the development of economy. The research of the corporation governance structure of civilian-owned enterprises is a very important question in front of us.Firstly, this paper uses normative methods review the corporation governance content, introduces basic theory of civilian-owned enterprises’corporation governance and analyses the relationship between corporation governance and performance. Secondly, describe the development course of civilian-owned enterprise and status quo of corporation governance. The paper points out the existing problem of corporation governance in civilian-owned enterprise. At last, on the basis of the collection of data, selects ROE as weighed guideline to constitute dual-regression model, uses SPSS12.0 software, the author does empirical study on the correlation and regression modulus between influence factor of civilian-owned listed enterprise corporation governance and performance guideline, then comes to the following conclusions: firstly, stock rights concentration has great influence on the performance of civilian-owned enterprises; secondly, there is a negative relation between the ratio of circulating shares and the performance of civilian-owned corporation. Thirdly, the combination of director and general manager is not good for the development of civilian-owned enterprises. Finally, institutional investors can monitor the management of civilian-owned enterprises more effectively. According to those conclusions, the author makes some suggestions on how to make the corporation governance structure of civilian-owned enterprises more perfect.更多还原