现金流权是指按持股比例拥有该公司的财产分红权。
...现金流权;两权分离;全要素生产率 [gap=1490]Key words:managerial ownership; pyramid control; cash flow right; separation of ultimate control and cash flow rights; total factor productivity..
基于96个网页-相关网页
In order to find the infection mechanisms and degree of the separating cash-flow rights from control on corporate value,we present a model based on the private benefits of control.
为探究现金流权与控制权的分离对我国家族上市公司价值的作用机理以及影响程度,本文首先建立了一个基于控制权私人收益的理论模型。
参考来源 - 现金流权与控制权分离下的公司价值——基于我国家族上市公司的实证研究·2,447,543篇论文数据,部分数据来源于NoteExpress
研究发现,上市公司控制权和现金流权的分离程度越高,财务绩效越差;
The separation of cash flow right and control right destroy firms' financial performance.
本文的研究结果表明:(1)终极控制人现金流权比例与资本成本显著负相关;
The results of this thesis show that:(1) The cash flow right of the ultimate controller has significant negative correlation with capital cost;
现代商业集团中对公司控制权和现金流权的分离使控制性股东具有隧道挖掘的动机。
The separation of corporate controlling right from the right to control cash flow in modern commercial groups makes controlling shareholders have motif to dig tunnels.
应用推荐