However, our Listed Companies of State-owned exist the serious Insider Control problem, for example making use of the job power to take the gray income, incumbency to consume to inflate etc.
然而，我国国有控股上市公司内却存在着严重的内部人控制问题，如利用职权牟取灰色收入、在职消费膨胀等。
This paper analyzes the decision-making of dividends policy and the reasons for dividends policy selection in non-state-owned listed companies by using structural equation model.
本文采用结构方程模型研究了我国非国有上市公司股利政策的决策以及股利政策的选择动因。
The State-owned shares of listed companies mentioned in these Provisions include the State shares and the State-owned corporate shares.
第二条本规定所指上市公司国有股、包括国家股和国有法人股。
The relevant provisions of the state shall be followed in the transfer of state-owned equities of listed companies.
上市公司的国有股权转让，按照国家有关规定执行。
Due to the special in equity structure, Chinese state-owned listed companies have theirs own particularity in cost of capital and dividend policy.
我国国有上市公司，由于股权结构上的特殊性，其资本成本和股利政策上更具特殊性。
Mostly transformed from the state-owned enterprises, Chinese listed companies are severely deficient in the concept of serving for shareholders and value management.
因此重塑我国上市公司首先必须重塑我国上市公司的目标理念，树立股东价值最大化的意识，一切经营和管理均应围绕价值创造来进行。
It is extremely urgent to lessen the state owned share of the listed companies, and to establish the modern business enterprise system.
减持上市公司国有股建立现代企业制度已迫在眉睫。
However, the equity revenue of state-owned listed companies are rich in content and its management can only be improved gradually and the line not be so anxious.
但国有上市公司股权收益涉及的内容丰富，其管理的完善只能是渐渐而行，不能急于求成。
The problem of equity revenue management of State-owned listed companies has been the focus of practices and the academic sector.
国有上市公司股权收益管理问题一直是学术界和实务界争论的焦点。
This paper discusses the equity revenue management of state-owned listed companies from the practical perspective.
本文立足于从实用性角度探讨国有上市公司股权收益管理。
This chapter of our innovative state-owned non-listed companies Dongmi the introduction of the system and the need to conduct a feasibility analysis.
本章创新性地对我国国有非上市公司引入董事会秘书制度进行必要性和可行性分析。
The empirical results shows, there is a certain difference in state-owned listed companies and privately-owned listed companies between the concentration ratio of shares and the business performance.
实证分析结果表明，国有上市公司与民营上市公司股权集中度与绩效的关系存在一定差异。
Thee state-owned financial share holders of the listed companies should be held responsible for the comprehensiveness, truthfulness and effectiveness of the submitted materials.
上市公司金融类国有股股东对报送材料的全面、真实、有效性负责。
Abstract 〗 China listed companies have a characteristic structure of equity ownership, which non-circulating equity ownership owned by state and companies have the large fraction.
摘要〗我国上市公司具有独特的股权流通性结构：非流通的国有股和法人股占绝对控股地位。
When the proportion of the first largest shareholder is more than 50%, the private listed companies perform alignment effects, and the state-owned listed companies perform entrenchment effects.
当第一大股东持股比例大于50%时，民营上市公司表现为协同效应，而国有上市公司表现为壕沟效应。
Overall, the ownership structure of listed companies in China showed the following characteristics: (1) public ownership is dominant, and state-owned shares are in a holding position.
总体上，我国上市公司的股权结构呈现出如下特征：(1)公有制占主导地位，国有股处于控股地位。
No department or local authority may approve the transfer of State-owned shares and legal person shares in listed companies to foreign investors without authorization.
任何地方、部门不得擅自批准向外商转让上市公司国有股和法人股。
From our reasech, we notice the ownership structure has great impact on dividends policy of listed companies. The dividend payout ratio is lower in state-owned-enterprise than non-SOEs.
分析发现，上市公司的股权结构与公司的分红政策制定有着密切关系，国有控股的上市公司分配比例明显低于非国有控股上司公司。
The result reveals that the state-owned commercial banks don't play an important role in the governance of the listed companies.
这主要是由于我国国有商业银行整体上在公司治理中的角色是消极和不明确的，无法改善企业的公司治理。
This thesis focuses on the control right transfer events of state-owned listed companies, and took the changed controllers from 2004 to 2005 as research sample.
本文主要是针对国有控股上市公司控制权转移事件的研究，研究样本是2004—2005年实际控制人发生变更的上市公司。
Until 2007, 42% of the listed companies volunteered to set up Audit Committee, in which the state-owned listed companies accounted for 46%, while the non-state-owned companies 35%.
截止到2007年底，我国有近42%的上市公司自愿设立审计委员会，其中，设立审计委员会的国有控股上市公司所占比重为46%，远远高于非国有控股的设置比例35%。
Furthermore, the equity restriction ratio of privately-owned listed companies is higher than state-owned listed companies.
另外，民营上市公司的股权制衡度要高于国有上市公司。
Article from an empirical point of view, we found that the state-owned capital structure of listed companies in some respects the arrangement is contrary to modern capital structure theory.
文章从实证的角度分析后，发现我国国有上市公司资本结构的安排在一些方面是与现代资本结构理论相悖的。
Article from an empirical point of view, we found that the state-owned capital structure of listed companies in some respects the arrangement is contrary to modern capital structure theory.
文章从实证的角度分析后，发现我国国有上市公司资本结构的安排在一些方面是与现代资本结构理论相悖的。
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