Research On Improving Performance Evaluation Of Muyuan Stock Based On ESG

In the increasingly complex internal and external environment,traditional financial performance evaluation has been difficult to meet the information needs of business managers,market investors,and other stakeholders-to make a comprehensive evaluation of business performance.The development of ESG theory provides specific directions for solving the above problems,so this article improves the financial performance evaluation system of enterprises based on ESG.The proposal of the "dual carbon" goal has led the Chinese government to attach great importance to information such as environmental protection measures and carbon emission indicators of enterprises,while livestock industry is also one of the main sources of greenhouse gas emissions.Therefore,this article takes "Muyuan Stock",a listed company in the pig breeding industry,as a case study.Based on the performance evaluation system proposed by predecessors,it constructs a performance evaluation system with a "carbon content" to evaluate the enterprise.This research can also be applied to other enterprises in the pig breeding industry to provide assistance for their sustainable development.The improved performance evaluation indicator system includes two primary indicators,financial performance and ESG performance,as well as seven secondary indicators.Under each secondary indicator,specific tertiary indicators are selected based on the development characteristics of the industry in which the case is located and the key issues of concern.In indicator weighting methods,the advantage of entropy method is that the smaller the information entropy,the greater the degree of dispersion of the indicator,and the greater the impact of the indicator on comprehensive evaluation,which more easily reflects the differences in performance between enterprises.Therefore,this article uses the entropy method as the weighting method for performance indicators,and then calculates the comprehensive performance score of Muyuan Stock based on the indicator weight,and analyzes the performance evaluation results of the case company.After analysis,the conclusion of this article on the performance evaluation of Muyuan Stock is:(1)The improved performance evaluation system of Muyuan Stock based on ESG can more objectively and comprehensively reflect the business development status of the case enterprise,and guide the enterprise to focus on sustainable development.(2)Based on the performance evaluation results of the improved Muyuan Stock,this article believes that Muyuan Company needs to improve its corporate performance and enhance its sustainable development ability by enhancing short-term debt repayment ability,energy conservation and emission reduction,strengthening supplier management,cultivating high-quality talents,and improving the governance system.