Keywords
Corporate performance
Corporate governance
Submitted : 2024-02-07
Accepted : 2024-02-22
Published : 2024-03-08
Abstract
Equity structure constitutes a crucial component of corporate internal governance. A scientifically and reasonably structured equity system aids in enhancing the level and efficiency of corporate governance. Through empirical analysis of data spanning from 2013 to 2022, the study aims to verify the influence mechanism of equity structure on corporate performance. The results indicate that enhancing equity concentration and balance positively impacts corporate performance, with this effect persisting over time. Consequently, optimizing the degree of equity concentration, shareholder types, and the board of directors’ structure can assist enterprises in maximizing long-term value.
References
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