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The Listed Company Performance Evaluation Index System Optimization Problem

Posted on:2011-08-29Degree:MasterType:Thesis
Country:ChinaCandidate:J ZhangFull Text:PDF
GTID:2199360305468070Subject:Business management
Abstract/Summary:PDF Full Text Request
Since 1980s, the listed company has grown with the development of China's economy, and become a major force in economic development. The performance of listed companies plays a very important role in investment decisions of potential investors and the level of investment risk and returns of shareholders. Constructing and using scientific performance evaluation system of listed companies can help investors to select the appropriate investments, reduce risk, improve profitability levels, to achieve rational investment. For the enterprises, the listed company performance evaluation system is a bridge between the strategic objectives and daily operations, A scientific and rational performance evaluation system can enhance the company's image consciousness, strengthen the internal control. For government departments, the listed company performance evaluation system can facilitate the monitoring and evaluation.We find that most of the literatures are using one evaluation method, constructing one evaluation model for a particular industry. Because only one evaluation method evaluates the company from a point of view, the evaluation results are not comprehensive. Therefore, it is necessary to consider the combination of evaluation. This could make the evaluation results more comprehensive and objective.According to the development history of the listed company performance evaluation, the dissertations inspected some classic foreign evaluation method and refer to the main practice to the listed company at home and abroad. The thesis analyses the problems lying in the process of performance evaluation of listed companies in China. The essay takes the listed company in Tianjin as the research object were conducted on the company's performance evaluation, and compare with the result based on "Interim Measures for the Central Enterprise Performance Management". Help to improve the performance of listed companies in Tianjin, enhance competitiveness and achieve sustainable development.The innovation of this paper is using AHP and factor analysis to evaluate the listed company in Tianjin and compare with the result based on "Interim Measures for the Central Enterprise Performance Management". Making recommendations for performance evaluation index system and Tianjin listed company.
Keywords/Search Tags:Listed company, Performance evaluation system, Analytic hierarchy process, Factor analysis
PDF Full Text Request
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