The Empirical Analysis of State-Owned Enterprises Performance and Ownership Structure: Based on the Panel Data of State-Owned Enterprises in Sichuan

Xuefeng Du^*, Yixiang Tian, Gaoxun Zhang, Honglei Zhang

School of Economics and Management, University of Electronic Science and Technology of China, Chengdu, China.

DOI: 10.4236/jss.2014.29053                

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.

Keywords

State-Owned Enterprise Performance, Super-Efficient DEA, Panel Data Model, Ownership Structure

Conflicts of Interest

The authors declare no conflicts of interest.

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