基于因子分析的云南省上市公司績(jī)效評(píng)價(jià)研究
本文選題:上市公司 + 經(jīng)營(yíng)績(jī)效評(píng)價(jià)。 參考:《中央民族大學(xué)》2012年碩士論文
【摘要】:隨著我國(guó)證券市場(chǎng)的不斷發(fā)展和證券業(yè)務(wù)的不斷規(guī)范,我國(guó)各省的上市公司數(shù)量和市值均大幅增長(zhǎng),截至2011年底,中國(guó)上市公司總數(shù)2342家,市值21.48萬(wàn)億元,位居全球第三。我國(guó)東部、中部、西部和東北地區(qū)國(guó)內(nèi)上市公司數(shù)量占全國(guó)的比例分別為59.6%、16.5%、17.7%和6.2%,東部地區(qū)占比重的一半以上。云南省位于我國(guó)西南地區(qū),由于受地理?xiàng)l件的限制,經(jīng)濟(jì)發(fā)展水平較慢,資本累積總量和速度均滯后于東部發(fā)達(dá)地區(qū),這嚴(yán)重束縛了云南省民族經(jīng)濟(jì)的發(fā)展步伐。因此,對(duì)該地區(qū)上市公司的經(jīng)營(yíng)績(jī)效進(jìn)行科學(xué)合理的分析與評(píng)估,幫助其發(fā)現(xiàn)問(wèn)題并給出相關(guān)的政策建議,對(duì)于規(guī)范云南省資本市場(chǎng)、促進(jìn)當(dāng)?shù)亟?jīng)濟(jì)發(fā)展和提高民族地區(qū)人民生活水平都具有一定的理論價(jià)值和現(xiàn)實(shí)意義。 本文通過(guò)對(duì)國(guó)內(nèi)外績(jī)效評(píng)價(jià)的演進(jìn)歷程、研究動(dòng)態(tài)和評(píng)價(jià)方法進(jìn)行比較分析,確定了使用因子分析法在本文中的優(yōu)勢(shì)與可行性。本文以云南省24家上市公司為總樣本,介紹了云南省上市公司的發(fā)展現(xiàn)狀,選取了五個(gè)方面的十三個(gè)指標(biāo)建立評(píng)價(jià)上市公司經(jīng)營(yíng)績(jī)效的指標(biāo)體系,建立計(jì)量模型,運(yùn)用SPSS17.0軟件分析工具分別對(duì)上市公司的成長(zhǎng)能力、償債能力、發(fā)展規(guī)模、盈利能力、資產(chǎn)流動(dòng)性、運(yùn)營(yíng)能力六個(gè)主因子和綜合績(jī)效得分進(jìn)行分析評(píng)價(jià),并在此基礎(chǔ)上提出了具有一定現(xiàn)實(shí)意義及可行性的對(duì)策建議,可以為政府部門(mén)、上市公司和投資者提供一定決策依據(jù),并為云南省上市公司的穩(wěn)定發(fā)展和整體業(yè)績(jī)的提高提供可供借鑒的數(shù)據(jù)資料和理論依據(jù)。
[Abstract]:With the continuous development of China's securities market and the constant standardization of securities business, the number of listed companies and the market value of all provinces in China have increased substantially. Up to the end of 2011, the total number of listed companies in China is 2342, and the market value is 21.48 trillion yuan, ranking third in the world. The proportion of domestic listed companies in eastern, central, western and northeast China is 59.6% and 6.2% respectively, and the proportion in eastern region is more than half. Yunnan Province is located in the southwest of China. Due to the limitation of geographical conditions, the level of economic development is relatively slow, and the total amount and speed of capital accumulation lag behind those of the eastern developed regions, which seriously constrains the pace of the development of Yunnan's national economy. Therefore, the management performance of listed companies in this region is scientifically and reasonably analyzed and evaluated to help them find problems and give relevant policy recommendations, so as to standardize the capital market in Yunnan Province. It is of theoretical and practical significance to promote the development of local economy and improve the living standard of the people in minority areas. Based on the evolution of performance evaluation at home and abroad, this paper makes a comparative analysis of the research trends and evaluation methods, and determines the advantages and feasibility of using factor analysis in this paper. Taking 24 listed companies in Yunnan Province as the total sample, this paper introduces the development status of Yunnan listed companies, selects 13 indicators in five aspects to establish an index system to evaluate the operating performance of listed companies, and establishes a measurement model. Using the SPSS17.0 software analysis tool, the paper analyzes and evaluates the six main factors and the comprehensive performance score of listed companies, such as growth ability, solvency, scale of development, profitability, liquidity of assets, operational ability and comprehensive performance score. On the basis of this, some practical and feasible countermeasures and suggestions are put forward, which can provide some decision basis for government departments, listed companies and investors. It also provides the reference data and theoretical basis for the stable development of Yunnan listed companies and the improvement of overall performance.
【學(xué)位授予單位】:中央民族大學(xué)
【學(xué)位級(jí)別】:碩士
【學(xué)位授予年份】:2012
【分類(lèi)號(hào)】:F832.51;F224
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