Abstract:Based on the data of 210 state-owned listed companies in Shenzhen stock exchange,this paper examined the relationship between residual rights of control,residual rights of claim and growth performances of corporation using Canonical Correlation Analysis.The result of study shows that,in traditional companies,there are weak correlations among the residual rights of control,residual rights of claim and growth performances of corporation,the ratio of executive director in board and growth performances of corporation are negative relevant,the main factor that influence traditional companies' growth performances is the residual rights of control;in state-owned new high-tech companies,general manager serving concurrently board chairman or vice-board chairman,managerial ownership and growth performances of corporation are positive relevant,the main factor that influence new high-tech companies' growth performances is the residual rights of claim.So,the emphases of governance structure reform in traditional state-owned listed companies is optimizing the structure of board,reduce the number of executive director in board in an appropriate amount or degree,and the emphases of governance structure reform in new high-tech state-owned listed companies is enlarge the participation scale of residual rights of claim for enterprise's operator,establishing and completing the incentive mechanism of equity and option.