dc.contributor | 會計系 | en_US |
dc.creator (作者) | Chin, Chen-Lung ; Chi, Hsin-Yi ; Lee, Hsin-Jung | en_US |
dc.creator (作者) | 金成隆;紀信義;李欣蓉 | zh_TW |
dc.date (日期) | 2009-02 | en_US |
dc.date.accessioned | 6-Mar-2014 17:07:41 (UTC+8) | - |
dc.date.available | 6-Mar-2014 17:07:41 (UTC+8) | - |
dc.date.issued (上傳時間) | 6-Mar-2014 17:07:41 (UTC+8) | - |
dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/64501 | - |
dc.description.abstract (摘要) | This paper explores whether ownership structures are associated with the innovation performances of publicly listed firms in China within the framework of corporate governance. A typical listed firm in China has a mixed ownership structure with three predominant groups of shareholders-the state, legal entities, and individuals. Innovation performances are measured by the number of patents granted in China and the U.S., respectively. We find that innovation performances are negatively and significantly associated with the fraction of the state shares, while innovation performances are positively and significantly related to the proportion of the legal-entity shares. Second, we also find that the innovation performances are significant and positively related to the proportion of foreign stocks. The results indicate that, in the context of China listed firms, the state ownership have adverse effect on firm` innovative performance, and the large legal entities and foreign shareholders enhance firm’ innovative activities. Our findings are robust for alternative model specifications and proxies for ownership structures. | en_US |
dc.format.extent | 216076 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.language.iso | en_US | - |
dc.relation (關聯) | 管理學報, 26(1), 17-33 | en_US |
dc.subject (關鍵詞) | Ownership structure ; Innovation performance ; Patent | en_US |
dc.title (題名) | 中國上市公司所有權結構與創新績效 | zh_TW |
dc.title.alternative (其他題名) | Chinese Ownership Structures and Innovation Performances | en_US |
dc.type (資料類型) | article | en |