管理层持股与公司绩效--基于Meta分析的研究

ccording to the theoretical research of economics, management shareholding is one of the effective means to coordinate the interests between principals and agents, but does the empirical data support this conclusion? In this paper, the influence of management shareholding on corporate performance is explored by using the Meta analysis method under the background of the management shareholding of listed companies in China since the split share structure reform. The study finds that the management shareholding is beneficial to the performance of the company as a whole. However, it is often difficult for state-owned enterprises to raise their return on equity through management equity incentives. In addition, from the point of view of study, the more significant the research conclusion shows, the easier the paper is to be published in CSSCI source journals. What is more, in terms of the impManagement Shareholding and Corporate Performance -- Based on Meta-analysis.act of management equity on roe, research using panel data is more likely to get significant conclusions than research using cross-section data.