The Research On The Relationship Between The Holistic Of Group Company Of China And Company Performance

The Group whole going on the market high tide already approached. Becausewhole going on the market may cause the enterprise to obtain the massive propertiesto pour into, may realize the scale to expand, the profession conformity, the solutionconnection transaction, the improvement company to govern, is also majorstockholder stockholder’s rights value maximization goal manifestation. Therefore, towhole going on the market and to be listed achievements development empirical study,becomes one essential and the urgent question.First, this article to the whole going on the market existing literaturereorganization and in the summary foundation, from enterprise’s profit ability,transport business ability, the long-term credit capacity, the short-term credit capacityaspect proposed that this research’s related supposition, inspects around whole Listedenterprise going on the market the achievements change.Next, this article screens during2007-2010years53whole To be listed to takethe research sample, conducts the achievements research to the above companyprevious three years to the latter year financial data, the financial data importantsource in the CSMAR database, this is this article hard core. This research’s mainconclusion includes: On the one hand whole going on the market has promoted theoriginal property profit ability, transport business ability and the long-term creditcapacity to a certain extent, the financial scale of charges and the management scaleof charges along with it drop, enterprise’s total assets, the sales revenue, the net profitwill obviously rise correspondingly, company net assets considerable increase. On theother hand, the whole Listed enterprise can in the short-term the remarkableimprovement company performance, but its long-term effect waits for furtherobserving.Finally, this article according to the empirical study the analysis result, proposedthat following suggested: First, encourages whole going on the market, but do not pursue blindly holds the whole To be listed. Second, strengthens the investor toprotect, the country should consummate its control system as soon as possible,strengthens the supervision, prevents in the violation the young shareholder benefit.Third, completes whole going on the market the company to strengthen itscomprehensive program of public order, enhances the company overall themanagerial effectiveness, is the company continues, the healthy development toprovide the guarantee fast for a long time.