Empirical results show that listed companies ultimately controlled by private enterprise had more connected guarantee; the first shareholder s shareholding proportion is positively related to excess accepting connected guarantee; director board size and independent director size are negativ.

The paper uses the date form Chinese A listed companies during 2000 to 2004,and makes an empirical analysis on the effect of market degree and cooperation features on connected guarantee which could be divided into two types.

Research on Related-party Guarantee of Listed Companies from the Perspective of Corporate Governance;

On related-party guarantee and financial characteristics of listed companies

Non-related party guarantee for publicly traded company is part of outside guarantee,while amount and ratio of non-related party guarantee appears very high for many years.

Based on the taxation theories of the supply school, the reforms in 1980s emphasized on decreasing the excessive burdens in taxation and realizing the goal of efficiency.