Title :
Chinese real estate listed company performance
Author :
Lianghua, Wu ; Xing, Liu
Author_Institution :
Econ. & Bus. Adm., Chongqing Univ., Chongqing, China
Abstract :
Despite the growing body of real estate enterprise competitiveness literature, it is still widely recognized that analysis of the competitiveness of the real estate industry is limited. More and more attention is paid to the performance of Chinese listed companies. This paper applies principal analysis and OLS regression to study the relationship of the real estate listed company´s performance with debts, stock holds proportion and independent directors. We find that the more proportion the majority stockholder holds, the lower performance the company has; the higher leverage, the higher performance; and the more independent directors in the company, the higher the company´s performance.
Keywords :
corporate modelling; principal component analysis; property market; regression analysis; stock markets; Chinese real estate listed company performance; OLS regression; independent directors; principal analysis; stock holds proportion; Companies; Finance; Industries; Mathematical model; Profitability; capital structure; company performance; independent director;
Conference_Titel :
Computer Science and Service System (CSSS), 2011 International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-9762-1
DOI :
10.1109/CSSS.2011.5972043