基于因子分析的云南省上市公司绩效评价研究

发布时间：2018-06-02 07:39

本文选题：上市公司 + 经营绩效评价　；参考：《中央民族大学》2012年硕士论文

【摘要】：随着我国证券市场的不断发展和证券业务的不断规范,我国各省的上市公司数量和市值均大幅增长,截至2011年底,中国上市公司总数2342家,市值21.48万亿元,位居全球第三。我国东部、中部、西部和东北地区国内上市公司数量占全国的比例分别为59.6%、16.5%、17.7%和6.2%,东部地区占比重的一半以上。云南省位于我国西南地区,由于受地理条件的限制,经济发展水平较慢,资本累积总量和速度均滞后于东部发达地区,这严重束缚了云南省民族经济的发展步伐。因此,对该地区上市公司的经营绩效进行科学合理的分析与评估,帮助其发现问题并给出相关的政策建议,对于规范云南省资本市场、促进当地经济发展和提高民族地区人民生活水平都具有一定的理论价值和现实意义。本文通过对国内外绩效评价的演进历程、研究动态和评价方法进行比较分析,确定了使用因子分析法在本文中的优势与可行性。本文以云南省24家上市公司为总样本,介绍了云南省上市公司的发展现状,选取了五个方面的十三个指标建立评价上市公司经营绩效的指标体系,建立计量模型,运用SPSS17.0软件分析工具分别对上市公司的成长能力、偿债能力、发展规模、盈利能力、资产流动性、运营能力六个主因子和综合绩效得分进行分析评价,并在此基础上提出了具有一定现实意义及可行性的对策建议,可以为政府部门、上市公司和投资者提供一定决策依据,并为云南省上市公司的稳定发展和整体业绩的提高提供可供借鉴的数据资料和理论依据。
[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.
【学位授予单位】：中央民族大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F832.51;F224

【参考文献】