股权分置改革对制造业上市公司绩效影响的实证研究

众所周知,制造业在国民经济的发展中占有举足轻重的地位。在国家主导的股权分置改革中,制造业上市公司不甘落后,纷纷开展了股权分置改革。本文通过引入相关控制变量和虚拟变量,运用回归分析的方法,对样本期间2007年横截面上进行股权分置改革企业与未进行股权分置改革企业的总资产报酬率水平进行比较,试图发现企业绩效的变动情况。

Empirical Research on The Influences of Sharing-trading Reform on Performance of Listing Corporation

It＇s known that manufacturing industry plays a decisive role in economy.In the government-oriented sharing-trading reform,the listing corporations are unwilling to lag behind and have started their sharing-trade reform in succession.This paper compared the rate of return on total assets in 2007 of the sampled sharing-trading and non-sharing-trading corporations through regression analysis by introducing the relative control variables and dummy ones in attempts of discovering their differences on performance.