Abstract

This study explores the impact of state ownership on the performance of Chinese listed firms. This study uses annual data of 143, state-owned 1,235, private enterprises for a period of 2011 to 2015. We use Ordinary Least Square method to find whether firm profitability and ownership are associated with each other or not. The results of whole sample indicate that over all firm performance and state ownership are negatively associated in China. However, the negative connection between state ownership and financial performance changes as we run the regression across different sectors.

Authors

1-Muhammad Yusuf Amin
PhD, Eastern Mediterranean University Famagusta, North Cyprus

2-Noor Hassan
PhD Scholar, Graduate Business School, Yeungnam University, South Korea.

3-Syed Imran Khan
Lecturer, IBL, Abdul Wali Khan University, Mardan, KP, Pakistan.

Keywords

Capital Structure, Firm Performance, State-Owned Enterprises, China.

DOI Number

10.31703/ger.2019(IV-III).03

Page Nos

24-32

Volume

IV

Issue

III