我國上市公司控制權(quán)私人收益的理論與實(shí)證研究.pdf

1、廈門大學(xué)碩士學(xué)位論文我國上市公司控制權(quán)私人收益的理論與實(shí)證研究姓名：馬碧薇申請學(xué)位級(jí)別：碩士專業(yè)：金融學(xué)指導(dǎo)教師：許文彬20080301AbstractAbstractThetraditionaltheoryofthemarketforcorporatecontrollaysparticularemphasisoneffectonthecorporateperformancecausedbythecontroltransferRecen

2、tlytheresearchprovesthatmostcountriespossessalotofcorporateofconcentratedownershipstructure。PrivatebenefitsofcontrolhavealreadybeenthecoreandstressofthestudyliteraturesofcorporatefinanceandcorporategovernanceHowtocurbthe

3、expropriatingbehaviorofcontrollingshareholdersisaworldwideproblemnowFirsttheoreticalanalysisframeworkofPrivatebenefitsofcontrolwasdesignedandthemain1iteraturesabouttheestimationandinfluentialfactorsofPrivatebenefitsofcon

4、trolwerereviewedandcommented；Second，thecontractualtheoryofthefirm，theagencytheoryandthecorporatecontrollingtheorywerefirstintroducedandremarked，onthebasisofthetheoreticalanalysis，fromtheangleofcost—benefit，thelastpartoft

5、hispapertakemodelandempiricalstudyontheprivatebenefitsofcontrolandputupmultielementlinearregressionanalysisonitsinfluentialelementsThethesisestimatedthePrivatebenefitsofcontrollevel，analyzedthePrivatebenefitsofcontrolsiz

6、eanditsmajorcharacteristicsandthereforeprimarilydiscussedtheeffectmechanismanddegreeofthemajorinfluentialfactorsconsideringcorporatecharacteristicsandintemalgovemancemechanismTheresultwillprovidetheoreticalsupportandpoli

7、cyadvicetofurtherstandardizeandperfectthecorporategovernanceofChineselistedcompaniesTworesultswerefoundoutthat：(1)onaverage，thevalueofPrivatebenefitsofcontrolamongChineselistedcompaniesisabout2666％，arelativelyhighlevelaf