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Corporate Political Action And Firm Value Relationship Of Private Company

Posted on:2012-03-22Degree:MasterType:Thesis
Country:ChinaCandidate:Y Y ZhangFull Text:PDF
GTID:2189330332495974Subject:Political Theory
Abstract/Summary:PDF Full Text Request
The rapid development of private economy is the establishment of China's socialist market economic system and development of important results.The establishment of socialist market economic system, and they can not cut off the private enterprises and political (government) relations, but only so that the relationship between private enterprise and politics become even more features.Private enterprises as a Political Behavior in the need to constantly expand and deepen the research field. This article compares the systematic study of political behavior problems of private enterprises, private enterprises focused on the political behavior and the relationship between corporate value.Article explains the business value and business links between political behavior, corporate political action that directly or indirectly impact on corporate value,because of this, private enterprises vigorously implement the corporate political behavior, many of whom are non-standard corporate political behavior,trying to share the scarce political resources in the interests of the community.The political behavior of these non-standard value of the business not only can not increase, but also on the negative impact on the development of enterprises, and even destroy the lives of enterprises. Scientific regulation of corporate political behavior of private enterprise and rational political behavior implant business development needs of private enterprises, but also of political construction.However, a long time, theoretical research in corporate political behavior, political scientists enthusiasm than lower management scientists in China, corporate political behavior everywhere, but the political behavior of enterprises is very lagged.This paper describes the need for private enterprise and political behavior, characteristics, performance, and how many problems, based on the behavior of private enterprises and political impact on the enterprise value of the correlation analysis,that the political behavior of private enterprises have an impact on corporate value, and its impact positive side and negative side.Norms of political behavior on the business value companies have a positive impact, that enhance the value of the business; non-standard business and political behavior on corporate value is negatively related, or even destroy the life of the enterprise.Therefore, private enterprises must implement the norms of corporate political behavior, and expand its role in the maintenance of corporate value; try to put an end to the political behavior of non-regulated, reducing its influence on destruction of corporate value.Finally settled into how to regulate corporate political behavior, and resolutely put an end to corporate political behavior, deviant, for the proposed political action to eliminate non-standard measures: that is, offered a theoretical framework and institutional laws and regulations, strengthening of private enterprises The main political and ideological education, improve the sense of political awareness, the establishment of a corporate political behavior inhibition system of deviance, such suggestions.Strive to address the root causes of non-standardized corporate political behavior.The article also cited UF, Lifan two private enterprises and political performance characteristics of political behavior, corporate political behavior of the specification how to increase the business value of the well-being case Properties Limited, and implanted in the process of corporate political behavior of the relevant issues Is proposed to note the relationship between the government and private enterprises, private enterprises and political thought building of enterprise culture, emphasizing the implementation of corporate political behavior must grasp the "degree ",overdo it can not reflect the value of corporate political behavior, in particular, Non-normative behavior of private enterprises and political problems caused by corruption, the impact on corporate value should cause great concern in the private entrepreneurs.
Keywords/Search Tags:Private Enterprise, Corporate Political Action(CPA), Relevance of political performance, Firm Value
PDF Full Text Request
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