Analysis of Equity Structure and Technological Innovation in Electric Power Enterprises
——Empirical Study on A-share and H-share Listed Companies
- DOI
- 10.2991/978-94-6463-534-8_8How to use a DOI?
- Keywords
- equity structure; state-owned enterprises; technological innovation
- Abstract
The research is based on 499 listed A-share and H-share power companies from 2009 to 2023, and empirically examines the impact of equity structure and technological innovation analysis. The research results indicate that increasing the concentration of corporate equity is not conducive to promoting technological innovation in power enterprises, but increasing the concentration of equity in state-owned power enterprises is conducive to promoting technological innovation, while the balance of equity in non-state-owned enterprises has a greater effect on promoting technological innovation. Based on the research results, this article proposes targeted equity structure adjustment suggestions for different types of power enterprises, such as state-owned and non-state-owned, around the technological innovation of serving power enterprises.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Xupeng Wang AU - Nan Hu AU - Liang Liu PY - 2024 DA - 2024/10/14 TI - Analysis of Equity Structure and Technological Innovation in Electric Power Enterprises BT - Proceedings of the 4th International Conference on Internet Finance and Digital Economy (ICIFDE 2024) PB - Atlantis Press SP - 86 EP - 93 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-534-8_8 DO - 10.2991/978-94-6463-534-8_8 ID - Wang2024 ER -