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Yamada Equity Shares Of The Company Changes The Financial Governance Efficiency Analysis

Posted on:2018-08-04Degree:MasterType:Thesis
Country:ChinaCandidate:N CaoFull Text:PDF
GTID:2359330515956651Subject:Accounting
Abstract/Summary:PDF Full Text Request
In the aftermath of the economic crisis,most countries in the world are still in the stage of economic downturn or recovery,coupled with the gradual improvement of labor costs in China at the same time China’s foreign policy concessions continue to decrease,resulting in a lot of foreign capital withdraw from China,and China’s economy The development of the form is still in the rising stage,the accumulation of private capital,which appeared in many domestic private capital acquisition of the withdrawal of foreign equity phenomenon,resulting in many foreign-funded enterprises have a significant change in equity.Foreign-funded enterprises to convert the domestic private capital holding enterprises are common.And the change of ownership will inevitably affect the effect of corporate governance,and finally the reality is that the company’s ability to continue to develop and improve the core competitiveness and decline,and corporate governance is the core of financial governance,financial governance,the ultimate goal is to reduce financial governance The cost of improving the efficiency of financial governance.It also shows that if the company under the control of private capital in China wants to improve its core competitiveness and sustainable development capacity,we must ensure that the financial governance of enterprises is really effective,which should be on the cost and efficiency of financial governance more in-depth Research,find out the factors that affect the cost of financial governance and the efficiency of financial governance,explore the ways to reduce the cost of financial governance and optimize the efficiency of financial governance,so as to provide enterprises with the core driving force for sustainable development.Therefore,in order to solve the problem of financial governance in most enterprises in our country,the research on the cost and efficiency of financial governance should occupy the leading position.Many enterprises in China want to improve the core competitiveness of enterprises and sustainable development,should attach great importance to the level of corporate financial governance.Reduce the cost of financial governance,improve the efficiency of financial governance in order to achieve the goal of maximizing corporate governance.This paper sets out the theoretical basis for the introduction of the background,domestic and international research status and principal-agent theory,ownership theory,corporate governance theory and financial relationship theory.Through the analysis of the absolute control of foreign capital,Capital control of the sample company before and after the change in the cost of agency changes in transaction costs,and financial indicators to quantify the financial analysis to arrive at the changes in financial costs,as well as equity changes on the impact of financial governance costs.By analyzing the changes of profitability before and after the change of equity,the change of solvency,the change of sustainable growth ability and the quantification of financial management index to get the change of financial governance efficiency and the effect of equity change on financial governance efficiency.The above analysis of the results of compre’ hensive consideration,and ultimately get the optimization of the ownership structure,optimize the allocation of financial resources to promote the optimization and upgrading of the industrial chain for other is in the context of equity changes and urgent need to improve their core competitiveness of the enterprise learning And learn from the experience.To ensure that China’s core competitiveness of enterprises and sustainable development of continuous improvement for China’s economic development and industrial structure optimization to provide a strong guarantee.
Keywords/Search Tags:equity change, financial governance efficiency, financial governance cost
PDF Full Text Request
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