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DOES THE IMPACT OF STATE OWNERSHIP ON FINANCIAL PERFORMANCE OF FIRMS VARY ACROSS DIFFERENT SECTORS IN CHINA

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03 Pages : 24-32

http://dx.doi.org/10.31703/ger.2019(IV-III).03      10.31703/ger.2019(IV-III).03      Published : Sep 2019

Does the Impact of State Ownership on Financial Performance of Firms Vary across different Sectors in China?

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.

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

    (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.
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Cite this article

APA

    APA : Amin, M. Y., Hassan, N., & Khan, S. I. (2019). Does the Impact of State Ownership on Financial Performance of Firms Vary across different Sectors in China?. Global Economics Review, IV(III), 24-32. https://doi.org/10.31703/ger.2019(IV-III).03

CHICAGO

    CHICAGO : Amin, Muhammad Yusuf, Noor Hassan, and Syed Imran Khan. 2019. "Does the Impact of State Ownership on Financial Performance of Firms Vary across different Sectors in China?." Global Economics Review, IV (III): 24-32 doi: 10.31703/ger.2019(IV-III).03

HARVARD

    HARVARD : AMIN, M. Y., HASSAN, N. & KHAN, S. I. 2019. Does the Impact of State Ownership on Financial Performance of Firms Vary across different Sectors in China?. Global Economics Review, IV, 24-32.

MHRA

    MHRA : Amin, Muhammad Yusuf, Noor Hassan, and Syed Imran Khan. 2019. "Does the Impact of State Ownership on Financial Performance of Firms Vary across different Sectors in China?." Global Economics Review, IV: 24-32

MLA

    MLA : Amin, Muhammad Yusuf, Noor Hassan, and Syed Imran Khan. "Does the Impact of State Ownership on Financial Performance of Firms Vary across different Sectors in China?." Global Economics Review, IV.III (2019): 24-32 Print.

OXFORD

    OXFORD : Amin, Muhammad Yusuf, Hassan, Noor, and Khan, Syed Imran (2019), "Does the Impact of State Ownership on Financial Performance of Firms Vary across different Sectors in China?", Global Economics Review, IV (III), 24-32

TURABIAN

    TURABIAN : Amin, Muhammad Yusuf, Noor Hassan, and Syed Imran Khan. "Does the Impact of State Ownership on Financial Performance of Firms Vary across different Sectors in China?." Global Economics Review IV, no. III (2019): 24-32. https://doi.org/10.31703/ger.2019(IV-III).03