Evaluation For The Performance Of Agricultural Listed Companies In China And Research On Mechanism In Its Growing Process

The development of agriculture in China has been on a new historical stage since the reform and open-door policies taken 30 years ago. By means of a comprehensive improvement of the quality of agriculture products and the efficiency of its production, the focus of the adjustment to be done in agriculture structure in the new period is to enhance our international competitive competence, to promote agriculture industry upgrading in its structure, to realize the fundamental transfer from traditional agriculture to modern agriculture, and a transfer from extensive management to intensive management, and finally to speed up the process of agricultural modernization in China. It is proved that the development of agriculture industry can be promoted by making full use of domestic capital market, by encouraging agriculture enterprises and listed companies to conduct capital operation. All of these contribute to the final development of agriculture industry, which is also very important in the new period to realize the target of policies of agriculture in the new period.An agriculture company traded on the stock market is a combination of a company with agricultural enterprises. It is also a link between the farmers and the market. The specific characteristics of the companies determine in turn their important roles in the development of agriculture in China. However, a series of questions are still arising in the process of its development of the popular agricultural companies traded on the stock market, such as: the deviation phenomenon in agricultural performance, false accounting information, and performance dropped sharply, and so on. The emergence of the problems makes it imperative to study systematically the agricultural companies and its mechanism in the process of its growing.Based on the study on the agricultural companies and its mechanism in the process of its growing, the author means to create a optimal deviation DEA model, and a second relative evaluation model. The author focuses on the evaluation on the performance of the agricultural companies traded on the stock market, and puts forward some strategies for the development of the companies.The paper is divided into seven chapters, which includes an introduction, basic analysis, theoretical analysis in the process of its growing, performance evaluation, analysis on the growth of the agricultural companies traded in stock market in China, and analysis on the relevant policies, which ends with a conclusion of the paper.The first chapter is an introduction, which introduce the background of the research, the current situation of the research work at home and abroad, the methodology and the main content of the research work, as well as its technical routes; In chapter two, the author makes some analysis on the basic situation at present in agricultural companies traded on the stock market in China. This part focuses on the analysis of basic conditions of the agricultural companies traded on the stock market, capital assets and characteristics of equity, operating conditions. The author focuses especially on the systematical analysis on the phenomenon of deviation in agricultural companies traded on the stock market in China. By means of the analysis on the facts, the author means to explore the nature of the agricultural companies traded on the stock market in China. All the works mentioned above pave a smooth way for the research on the evaluation on the performance and the mechanism in the process of growing. Chapter three is about an analysis on the theory in the aspect of the growth of the enterprises, involving research on the theory of the growth of the enterprises, a systematic analysis on the influential factors on the growth of enterprise, and definition analysis on the theory model of the growth of enterprises. Chapter four is about the evaluation on the performance of agricultural companies traded on the stock market in China. By means of an analysis theoretically on the performances of the agricultural companies traded on the stock market, and a case study by the introduction of a optimal deviation model of DEA and a second relative evaluation model, the author means to make a theoretical and systematic study on the performance of the agricultural companies. Chapter five focuses on the analysis on the growth of the agricultural companies traded on the stock market in China. The author makes an analysis on the inner and outer influential factors in the process of the growth of the companies, as well as its financial situation, and then put forward certain strategies on how to promote the growth of the agricultural companies traded on the stock market. Chapter six is about policy analysis. Based on the research on the growth of the agricultural performance traded on the stock market and the relevant performance evaluation, the author put forward suggestions such as making full use of the capital market to improve agricultural growth of the companies, and therefore put forward efficient strategies for the agricultural companies.The last chapter contains the conclusion of the paper.