Ownership structure refers to the proportion of different shares in the total share capital of a joint-stock company and their relationship. Equity refers to the rights and interests of stock holders corresponding to the proportion of shares they own, as well as the right to bear certain responsibilities. The right that can be claimed to the company based on shareholder status is equity.
Ownership structure is the foundation of corporate governance structure, and corporate governance structure is the concrete operation form of ownership structure. Different ownership structure determines different enterprise organizational structure, thus determines different corporate governance structure, and ultimately determines the behavior and performance of enterprises.