The Impact of Mixed Ownership Reform on Enterprise Performance—A Case Study on LiuGong Group
Taking Liugong Group as a case study object,explore the impact path and effect of mixed ownership reform on enterprise perfor-mance.Research has found that mixed ownership reform can have a positive impact on corporate performance;the mixed ownership reform mainly affects corporate performance through three paths:equity structure,corporate governance,and incentive mechanisms;Liugong Group improves its equity structure,optimizes its corporate governance structure,establishes a sound incentive mechanism,enhances its short-term performance,enhances its innovation capabilities,and ultimately enhances its corporate value through a two-stage mixed ownership reform that involves introducing strategic investors and going public as a whole.
Mixed ownership reformEnterprise performanceImpact pathImpact effectLiugong Group
NETL
NSTL
万方数据
