Proceedings of the 4th International Conference on Internet Finance and Digital Economy (ICIFDE 2024)

Analysis of Equity Structure and Technological Innovation in Electric Power Enterprises

——Empirical Study on A-share and H-share Listed Companies

Authors
Xupeng Wang1, *, Nan Hu2, Liang Liu1
1State Grid Energy Research Institute Co., LTD, Beijing, 102209, China
2State Grid Yingda International Holdings Group Co., LTD., Beijing, 100062, China
*Corresponding author. Email: wangxupeng@sgeri.sgcc.com.cn
Corresponding Author
Xupeng Wang
Available Online 14 October 2024.
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.

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Volume Title
Proceedings of the 4th International Conference on Internet Finance and Digital Economy (ICIFDE 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
14 October 2024
ISBN
978-94-6463-534-8
ISSN
2352-5428
DOI
10.2991/978-94-6463-534-8_8How to use a DOI?
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  -