Author(s)

Songqin Ye, Sitong Hu

Corresponding Author

Sitong Hu

Abstract

With the advancement of the state-owned enterprise reform process, mixed ownership has become a developing trend in China. Mixed ownership reform will lead to adjustments in the internal structure of the company, and this change in ownership structure will affect the corrupt behavior of senior executives. Based on the reform of state-owned enterprises, this paper selects A-share listed companies from 2010 to 2017 as research samples. The empirical research results of this paper show that after the reform of mixed ownership, enterprises have a governance effect on senior executives' corruption, which will eventually improve corporate performance. The study of this paper not only deepen the understanding of the inducement of corporate executives' corruption, but also has a strong enlightenment significance for improving the performance of state-owned enterprises.

Keywords

Mixed ownership reform; Executive corruption; Corporate performance