The Choices And Operations Of Capital Operation Strategy To The Listed Companies Of Our Country

This thesis puts forward a new conception of capital operation, which is based on the capital operation theories in and out of our country. It focuses on the questions of the actuality and evolution of capital operation, the choice and implement of capital operation strategy and the evaluation of capital operation of the Listed Company in our country. After that it establishes a model to assess the evaluation of capital operation. It also gives a demonstration analysis on the three companies to validate the rationality of the model. At last, the thesis discusses the conformity problem after the company has completed the capital operation.The fist part gives a new conception and scope of capital operation, which based on the research of the existing conception in the world. It also gives a review of the theories on capital operation.The second part analyses the motives and patterns of capital operation, including the original motive, the direct motive and the social motive. Then it gives the analysis of the difference between our country and the world.The third part explains the actuality of capital operation in our country. First, the evolution of capital operation. Second, the importance of capital operation to the listed company, state-owned enterprise reform, capital markets. Third, the pattern of listed company capital operation. At last, the mistakes of the three aspects of capital operation in understanding, performing and evaluating.The fourth part researches the location, the choice and performing in the listed company capital operation. First, it gives a new conception of capital operation strategy. Second, it gives the new strategy orientation of listed company capital operation. Third, it deeply researches the strategy analysis on the capital operation and gives some choices. Finally, it discusses the action, evolution and the direction of the medium during the capital operation.The fifth part focuses on the evaluation of capital operation of listed company. The marketing value is used as the evaluation system for the first time. It uses the principal component analysis in the evaluation system, and establishes a set of evaluation system by the research of the seventy Listed Companies of the Shenzhen and Shanghai capital market. With the case analysis of the three Listed Companies?capital operation in practice, it virtually evaluates the action of capital operation.The last part discusses the settlement after the capital operation. It first gives the methods to make the system framework, management idea, human resource management and corporate culture conform to the aim of capital operation. Second, it gives some advice on the administration, such as the venture of losing client during the process of capital operation, the adjustment of the productive ability, the adjustment of the assets and the market channels.