Value Management For Group Corporation With Controlling Stakes In Several Listing Companies

Since reform of the shareholder structure of listed companies in2005, china’s stock has entered the era of full circulation of stock. In this context, how to achieve the lifting of the intrinsic value of the enterprise and show it through the reasonable and effective implementation of the management of the market value has become an important subject in front of all listing corporation. The management of the market value which is based on market value signal, is the pursuit of value to create maximum value and the achievement of the optimal strategic management behavior, through the use of a variety of scientific ways and means of compliance. Market Value Management in practice has been widely used but not yet on the comprehensive summary of management behavior in theoretical circles. This paper firstly analyzed value management, and management of market value in the past, and then tried to find the frame system of listed companies in china combined with the actual situation. Start from the definition of market value management, on the one hand, value creation strategies to improve the company’s profitability and increase the company’s intrinsic value, make every effort to maximize value creation based on the company’s internal value creation; on the other hand, emphasizing the company’s share price is a true reflection of its intrinsic value, value management based on the value of the securities market. On the basis of theoretical analysis, this paper summed up their success stories and the inadequacies through the major events of its market value, combined with the case of Multi-equity market capitalization of the China Aviation Industry Group. After discussion and analysis, this paper found that the market value of management is very important for the development of listed companies, specially in the effectiveness of the capital market in China. At the same time, as a military background, large state-owned conglomerates which is controlling many listed companies can take positive action to supervise its listed companies to continuously enhance the intrinsic value of the enterprise, and to promote the intrinsic and extrinsic performance from three aspects which is the value creation, value of operations and the value of realizationthe, ultimately, to promote the healthy development of enterprises.