跨国公司在华投资企业绩效水平是其股权结构变动的主要因素之一,并直接导致了股权结构的独资化趋势。产业绩效的变化不仅对跨国公司在华投资企业的初始股权结构选择有着重要的参考价值,而且对股权结构再次选择有着显著的影响。产业绩效越好,所在产业的外企股权结构变化越快、幅度越大。
Corporate performance level of the foreign-invested enterprises in China is one of the main factors which change their shareholding structure, and brings forth the foreign-invested tendency. The changing of industrial performance has not only the important reference value on the initial selection of the shareholding structure, but also the notable influence on the second selection afterwards. The better the industrial performance changes, the faster and the more notable shareholding structure of its international-invested enterprises changes.