The Impact of Private Enterprises' Participation in State-Owned Enterprises Mixed Ownership Reform on Corporate Performance under the Background of Sharing Economy

Based on the panel data of 31 Provinces and 905 state-owned listed enterprises in 2006-2016, this paper uses Regression Model to study the impact of private enterprises' participation in state-owned enterprises mixed ownership reform on corporate performance under the background of sharing economy. The results show that there is a big difference between the governance structure of state-owned enterprises and private enterprises. In state-owned enterprises, the ownership concentration has a positive impact on the performance. Sharing ownership and control rights of the private enterprises' participation in state-owned enterprises mixed ownership reform has a positive impact on the performance. Therefore, based on the study, the author proposes targeted policy recommendations for the promotion of mixed ownership reform.