房地产上市公司投资效率分析

发布时间：2018-03-19 05:13

本文选题：房地产业　切入点：投资效率　出处：《华东交通大学》2017年硕士论文　论文类型：学位论文

【摘要】：房地产行业作为我国国民经济支柱性发展动力,肩负着经济发展使命,房地产具有市场物质地位、投资价值以及国民刚性需求等特质,使得房地产业的发展成为我国国民经济市场完善和建设的首要任务,同时为推高我国经济发展速率、提升人民生活品质做出突出贡献。然而,房地产投资的增长超出了合理的水平,随着房地产公司数量的不断增加和金融投资环境的不断严峻,宏观经济层面的“经济过热”和微观行业内部层面的“投资过热”导致很多公司存在投资效率低下的问题,合理地测度房地产投资效率以及全面、科学为房地产公司提供、制定发展策略和建议已成为一个突出的研究课题。就此问题,对房地产上市公司投资效率进行了深入的数据研究以及行业环境研究并查阅了大量文献资料,对上述问题作出较详细的研究与探讨。本文选择我国房地产上市公司为研究对象,首先采用实证研究方法分别从宏观角度和微观角度检验当前我国房地产公司非效率投资行为的存在性。此后,在遵循市场规律、经济合理的原则下进一步研究房地产公司投资效率的影响因素,深入探讨房地产投资效率对房地产公司造成的经济利润和公司价值的影响。最后,为房地产公司的管理提出可以操作的、有价值的建议,帮助公司认清自身所处环境和经济状况,从而针对性、合理性地提高公司投资效率,保全公司资产,对我国房地产公司健康、有序的发展具有现实意义。
[Abstract]:The real estate industry as a pillar of the motive force of the development of China's national economy, shouldering the mission of economic development, the real estate market has the material status, investment value and national characteristics of rigid demand, the development of the real estate industry has become the national economy of our country market improvement and construction priority, also push up China's economic development rate and made outstanding contributions to improve the quality of people's life. However, the real estate investment growth beyond the reasonable level, with the increasing number of Real Estate Company and financial investment environment is more and more severe, the macroeconomic level "economic overheating" and micro industry internal aspects of investment overheating due to the low investment efficiency of many company. Reasonable measurement of the real estate investment efficiency and the comprehensive, scientific development strategy for Real Estate Company, and that has become a highlight of research Research topic. In this regard, the real estate investment efficiency of listed companies of data research and industry environment deeply and a large amount of literature, research and make a detailed study on the above problems. This paper chooses the listed real estate companies in China as the research object, the existence of the first use of empirical research methods respectively from the macroscopic angle and the micro angle test the current China's Real Estate Company the inefficient investment behavior. Then, to follow the laws of the market, further studies on the influential factors of Real Estate Company investment efficiency the principle of economy and rationality under the influence, probe into real estate investment efficiency of Real Estate Company caused economic profit and the value of the company. Finally, we can operate for the management of the Real Estate Company and valuable advice, help the company understand its environment and economic conditions, so as to, reasonable. The efficiency of high company investment and the preservation of the company's assets are of practical significance to the healthy and orderly development of China's Real Estate Company.

【学位授予单位】：华东交通大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F299.233.42

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