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 Cyprus2-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