The Study On The Problem Of State-owned Capital Appreciation In Holistic Listing

Actually, the course of state-owned enterprises holistic listing is the process thattransformed the enterprises owned by the whole people which so called “solelystate-owned” into state holding listed company; it is also the process changed the PartReform Listed into Holistic Listing. Holistic Listing is the necessary method of thedeep reformation of state owned enterprises and promotes the independence of thelisted companies; it’s the best way to resolve the problem of horizontal competition.Holistic listing is the necessary choice of state holding listed company to completecorporate governance.In the background of state-owned enterprises holistic listing, this paper discussedthe theoretical basis of sate owned capital appreciation in holistic listing in threeaspects with the theory of attribute of capital, capital operation and the function andeffect of capital market; compared and analyzed the model of state-owned enterprisesholistic listing and introduced it’s basic situation in our country at present, analyzedthe state-owned capital appreciation in holistic listing using Event Study and PrincipalComponent Analysis and obtain the relevant research conclusion. According to theresult of the analysis, this paper also put forward the relevant problem and treatmentscheme about state-owned capital appreciation in holistic listing.