公众持股上市公司
Publicly held listed companies
以上为机器翻译结果，长、整句建议使用 人工翻译 。
中小板上市公司国有股、法人股和社会公众股的治理作用不明显，管理者持股具有正向治理效应；
Stockholders of state-owned, legal-person and public people don't have obvious governance effects. Stockholders of managers have positive governance effects.
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