This suggests that single-largest-shareholder ownership structure may not be unacceptable and it may not be an effective way to improve operating performance of the firms with single-larg...

• 因此,“一股独大”并非坏事,用股权制衡来替代“一股独大”以改善“一股独大”公司的经营业绩的思路未必奏效。这很可能正是中国制度背景的表现所在。