Ownership concentration and corporate performance of listed companies in China

Abstract: The purpose of this study is to investigate the relationship between ownership concentration and corporate performance in Chinese listed companies. Enriching the theory of corporate governance. The empirical foundation consists of data collected from 1468 listed companies at the Shanghai and Shenzhen Stock Exchanges in China, spanning 2018 to 2022. We observed a statistically significant positive relationship between ownership concentration and corporate performance, as measured by the return on assets (ROA).