Research On Corporate Governance Of Southeast Asian Corporations

Integrated circuit is the foundation of national information development,the highland of technological innovation and competition,and the strategic,basic and leading industry to ensure the sustainable development of the country.In recent years,with the strong support of government policies at all levels and large funds,China's integrated circuit industry has witnessed rapid growth in industrial scale,continuous expansion of market demand,continuous optimization of industrial structure,concentration of industrial distribution,gradual emergence of scale economic benefits and increasingly prominent investment value,which has attracted more and more investors' attention in the securities investment market.This paper first analyzes the international environment of the development of China's integrated circuit industry,and analyzes the current situation and trend of the development of the integrated circuit industry in combination with the domestic policy background.Although there are many deficiencies in China's integrated circuit industry at present,the overall development trend is good.At the same time,the continuous introduction and implementation of relevant policies create a good development environment for the industry,and the future development The potential is huge and the investment value is increasing day by day.Secondly,this paper chooses 25 IC listed companies in Shanghai and Shenzhen stock markets as research objects,trying to evaluate and analyze their investment value by building a morecomprehensive and scientific index system and using factor analysis method,so as to provide investors with certain basis for investment judgment.First,it is found that the first three first-class indicators that have the greatest impact on the score of comprehensive factors of investment value are profitability,asset management ability and shareholder return ability,which are the most important factors to judge the investment value of Listed Companies in China's integrated circuit industry;second,it is found that the investment value of companies engaged in design and manufacturing fields is generally larger than that of companies engaged in packaging and testing fields,which is higher than that of companies engaged in packaging and testing fields For example,Beijing Junzheng technology,Lan Chi technology,Lexin technology,Shanghai belling technology and huiding technology rank in the top five respectively,while only Jingfang technology and Huatian technology,the companies engaged in packaging and testing,rank in the seventh and fourteenth respectively.Then,the introduction of "leading enterprise" huiding technology as a specific case,the company's operation,the investment value of the stock to make evaluation and analysis,to determine that huiding technology is properly operated,financial good,stocks have investment value,hoping to provide investors with investment reference.Finally,the research results of this paper are summarized.The overall development trend of China's integrated circuitindustry is good,the investment value is increasingly obvious,the upstream investment value is generally high,and the "leading enterprises" in each subdivision field have investment value.