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SAIC Group's Financial Performance Evaluation From The Perspective Of Stakeholders

Posted on:2020-04-10Degree:MasterType:Thesis
Country:ChinaCandidate:T T WangFull Text:PDF
GTID:2432330572497045Subject:Accounting
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Automobile industry is one of the important industries in the economic development of our country,and it is directly related to the public.In recent years,with the influence of economic globalization and marketization,China’s automobile industry has developed rapidly.In 2017,the automobile industry sold 28.879 million vehicles,an increase of 3% over the same period last year.However,while pursuing economic interests,enterprises ignore the interests of various stakeholders,thus affecting the stable development of economy and society.Therefore,enterprises need to deal with and maintain the relationship with various stakeholders,improve the level of financial performance,deal with risks and challenges from within and outside the enterprise,and seize the new opportunity of history.Encounter.SAIC Group is a representative enterprise in China’s automobile manufacturing industry.With the rapid development of new energy vehicles and the pressure of competition between domestic and foreign counterparts,SAIC Group is facing great environmental changes.SAIC needs to meet the interests of different interest groups in order to maintain better financial performance.Therefore,this paper has certain practical significance to evaluate SAIC Group’s financial performance from the perspective of stakeholders.Firstly,this paper combs the relevant literature on enterprise performance evaluation at home and abroad,introduces the relevant theories of this paper,and makes a preliminary analysis of the current situation of SAIC Group.The key problem of this paper is to construct a comprehensive index system for SAIC Group and evaluate the financial performance of SAIC Group.By selecting seven levels of financial indicators that represent enterprise stakeholders,using factor analysis and SPSS software for data processing,the financial performance evaluation model is constructed,and the horizontal and vertical comparative analysis of enterprises is carried out.Identify the leading stakeholders that affect SAIC Group’s financial performance.Research results The results show that shareholders,customers,employees and creditors have a great influence on SAIC Group’s financial performance and play a leading role in SAIC Group’s financial performance.Only by comprehensively considering the interests of the leading stakeholders,the financial performance level of SAIC Group will be improved in an all-round way,and can it have a good development prospect.Therefore,based on the evaluation results of SAIC Group’s financial performance,this paper puts forward some suggestions to improve its financial performance.
Keywords/Search Tags:performance evaluation, stakeholders, SAIC group, financial indicator
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