經營者의 持分所有가 企業成果에 미치는 影響에 관한 硏究 = A Study on the Reaction of the Corporate Performance to the Managerial Ownership Ratio in Korea

다국어 초록 (Multilingual Abstract)

In our nations, the dispersion of shares was not especially made up in the 1980's and the growth of capital market, that is securities market, has been weak. But recently by reason of foreign countries opening pressure to our capital market, government's efforts and corporate's voluntary recognition. the dispersion of many corporate shares has been made and securities market that are developing is tendency. This study presents theoretical approachs for the managerial ownership structure and findings of corporate perormance.
The primary empirical results of this study can be summarized as follows :
(1) Differences of management ownership ratio and corporate performance between groups are statiscally significant.
(2) Blockholders ratios are statisticaily significant of corporate performance in total sample and plutocracy group.
(3) Ownership structure of institutional investors is statisticaily significant in total samples and non-plutocarcy group.
(4) Fixed dept/total assets(market price), Market dorminant corporate, market dorminant-plutocracy group, In total assets(market price) and institutional investors variables are statistically significant and positive with corporate performance in regression of total samples.
(5) Fixed dept/ total assets(market price), Market dorminant corporates appears as statistically significant positive factors in regression of plutocarcy group.

목차 (Table of Contents)

• Ⅰ. 序 論
• 1. 硏究의 目的
• Ⅱ. 經營者의 持分所有理論
• 1. 企業發展理論的 所有構造決定理論
• 2. 에이젼시 模型에 의한 所有構造決定理論
• 3. 確率的 議決權行事型에 의한 所有構造決定理論
• Ⅲ. 經營者의 持分所有와 企業成果
• 1. 經營者의 持分所有
• 2. 經營者의 持分所有와 企業成果
• Ⅳ. 實證的 硏究
• 1. 假說의 設定 및 標本資料의 選定
• 2. 實證分析의 結果
• Ⅴ. 結論