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Sponsored by the Center for Science and Technology Development of the Ministry of Education
Supervised by Ministry of Education of the People's Republic of China
The transaction creation that counteracted by the endogenetic transaction cost can be partly eliminated by the reputation of enterprises through the way of signaling, mortagaging and assuring. Chinese listed company’s reputation and the situation of governance has tight relations. This paper selects the data of 249 companies out of 406 investigated samples. It performs an empirical study on the reputations of enterprises and the governance of stakeholders, in order to give some ideas on the construction of reputations of Chinese listed companies.