Performance Evaluation Of Enterprise 's Overall Market Performance Based On

The essence of the holistic listing is a change in the corporate governance structure after spin off listing. Due to holistic listing can reduce the transactions within an affiliate enterprise and the horizontal competition; also it can optimize allocation of resources by improving the governance structure. The government encourages the company improving their performance and governance structure through holistic listing. Right now, more and more private enterprises also start to integrate assets by holistic listing. So whether the holistic listing create value?At first, paper reviews previous study of the holistic listing, which includes the pattern and causes of holistic listing and impact on the performance. The next section summarizes the patterns of holistic listing in three ways, which is cash flow, shareholding change and asset change, and point out these patterns also affecting the performance. Then, the course of the holistic listing have been discussed and illustrated with the current situation in China’s capital market and the policy orientation. And it is found that the key point of the change for corporate governance structure is holistic listing. Holistic listing also links the reform of the shareholder structure and the mixed ownership economy. So, holistic listing is a key topic in both theory and practice. Finally, the paper use EVA to evaluated the performance of Midea during the time before and after listing the entire group. And from the perspective of the investors to explain the performance of listed companies in the short term is promoted. And the efficiency of capital also being increased,...