摘要从上世纪80年代开始，英美等发达国家迅速发展起来的机构投资者规模，导致公司的 股权结构也发生了转变，而随着机构投资者规模的不断壮大，机构投资者对公司治理的态 度也由“用脚投票”逐渐转变为“用手投票”，这一转变对全世界范围内的上市公司都产生 了深远的影响。近年来,我国的证券市场不断发展,机构投资者也出现了相似的趋势。本课 题探讨上市公司的绩效在机构投资者参与治理下的状况，是否机构投资者持股量越高，越 能促进上市公司的发展，越能使公司有好的绩效表现。并在此研究的基础上，为机构投资 者如何更好地参与上市公司治理并提高公司绩效，提供相关建议。79493

因此，本文在理论基础和国内外文献综述的基础上，通过实证分析，研究样本公司的 财务指标与机构投资者持股之间的关系。

毕业论文关键词 机构投资者 持股 公司绩效

Title  An Empirical Research on The Influence of InstitutionalInvestors on The Performance of Listed Companies

Abstract From the beginning of the eighties of the last century, Britain and the United States and other developed countries the rapid development of the scale of institutional investors, leading to the company's ownership structure has also changed, and with the development of the scale of institutional investors continue to grow, the attitude of institutional investors on corporate governance also by "vote with their feet" gradually transformed  into "vote with their  hands", this change in the world of listed companies produced a far-reaching impact。 In recent years, China's securities market has been developing, and institutional investors have similar trends。 This topic discusses the performance of listing Corporation in institutional investors to participate in the governance of the situation, whether institutional investors, the higher the amount, the more can promote the development of the listing Corporation, the more the company has good performance。 And on the basis of this study, how to better participate in corporate governance and improve corporate performance, provide relevant recommendations for institutional investors。

Therefore, based on the theoretical basis and domestic and foreign literature review, through empirical analysis, research the relationship between the Sample Firms' financial indicators and institutional investors' stock ownership。

Keywords institutional investors share holding corporate performance

本 科 毕 业 论   文 第 I 页

目 次

1 绪论 1

1。1 研究背景 1

1。2 研究意义 1

1。3 研究方法 1

1。4 研究框架 2

2 理论基础 4

2。1 机构投资者 4

2。2 公司绩效 5

2。3 机构投资者影响公司绩效 6