Research Of Operating Mode In The Expressway Ltd

The expressway Ltd is widespread to have dual background of the governmentand listed company. Don't do to live, still accept money. Face to the fueltax applied, run by private capital to turn the test of a series of policyrisk. How continue to keep the better management accomplishment, become thevery and important problem. The problem that the text discusses puts forwardunder this realistic background. The expressway Ltd optimize operating moderesearch mainly includes two problems, one is the stipulation problem thatthe policy environment develops to the company; another is a company to carryhow the operating strategy is can excellent problem for turn. The stipulationof the policy environment includes two aspects again, then the governmentstrengthens the influence that control bring to the optimizing operationrealm of the company, and the government relaxes the influence that controlbring to the operating mode realm of the company. The company carry the campstrategy excellent turn the problem is a company how weigh the problem ofinsist the main industry and diversified development substantially.Therefore, this text divides the four-part cent to carry on launching theanalysis towards carrying the operating mode problem. The first part is theexpressway company with the difference of other companies, namely themanagement characteristic of the company is what; The second part is a policyenvironment that carries the operation through an analytical expressway Ltd,understanding the existing company optimizing operation mode; The third partis to inquiry into the company to conduct the characteristic and exteriorpolicy environments to control the bottom interiorly, how carry out to carrythe operating mode excellent to turn; Four-part cent is how comprehensionand some theories problem of related this text.A, the management characteristic of the companyFirst, expressing from the accomplishment, ownership of a share structure,manage three aspects of structure to carry on the simple introduction to thecompany. The accomplishment performance includes the comparison of thecompany and listed company total accomplishment to introduce, the comparisonbetween the expressways companies introduce, the expressway company acquiresthe circumstance introduction of the public finance subsidy. In the ownershipof a share structure introduction, was divided into company with thedissimilarity of the ownership of a share structure three introduce one byone. For manage the problem in the structure, mainly manage the problem thatthe link and finances operate the link to make to induce in brief.The first step emphasized to analyze the management characteristic of thecompany after understand the condition of the company. The managementcharacteristic of the company can is divided into three parts on the whole,namely the characteristic, the company exterior of the company composing thecharacteristic that the characteristic, the company finance of theenvironment is structural. Constitute the research enunciation of thecharacteristic for the company, the company has the property of the contract;For the research enunciation of the exterior environment characteristic, thevariety of the optimizing operation environment mainly comes from the varietyof control the policy; For the research enunciation of the finance structurecharacteristic, the expressway company cash flow better, carry on diversifiedinvestment probably. So carry the operating mode excellent to turn to needto be investigated under the condition that free cash flow, how makediversified investment more efficient.Two, the company carries the comparison of the operating mode analysisFirst, investigated the optimizing operation condition of the eachexpressway listed company core property. Pass the classification toward thecompany core property; induce the optimizing operation mode type of thecompany. Then, select by examinations heavy celebrate the city in the actualcase example that the road and bridge optimizing mode reform be it to studythe sample that the expressway company carries the operating mode change.End, carry the operating mode to carry on the critique to the company withthe tiny view angle of view.The operating mode of the company can is divided into: A company of mainindustry opens the exhibition company, diversified company of optimizingoperation of the related business, can't definitely judge the company of thetype etc. several types. In heavily celebrate the road and bridge reform caseexample of the city, can get to enlighten three parts, on a company to carrythe demand in camp to consider various luck camp risk; Two is at carry thecamp mode excellent turn need to consider the social cost problem; Three isa suggestion to consider to open the group with city to carry on thecooperation on the business.This text return to heavy celebrate the case example of the city toconducted the characteristic to carry on the analysis according to the company.In regard to the composing characteristic of the company, the expresswaycompany essentially is of the central government and local government isdivided into the contract. Under this contract structure, the company's usagetoward the resources has the very independent power.In regard to the exterior environment characteristic of the company, inaddition to stronger company of real strengths, big and parts of companiesare after fuel tax carry out, the optimizing operation scope of the companywill incline toward the district inner part more. The control of thegovernment in spite of is to strengthen or relax; there will be the hugeinfluence for the optimizing operation the mode changes of the company. Theeach city opens the business and the company business of the group and willhave the overlap in the district. Seeing from the cooperation angle, the cityopen the widespread funds indentation of group bigger, the margin outlet one,but it controls the development power of etc. of the land resources. Theexpressway Ltd has the stronger real strength on the capital, but almost hasno development power of etc. of land resources. The both parties' cooperationis probably.In regard to the finance structure characteristic of the company, thecompany has three characteristic, the phenomenon that the namely widespreadexistence expressway property price is underrate; Seeing up from the capitalstructure of the expressway company, company can with more carry on theliabilities; Flow to see from the free cash of the company, the company hasdiversified tendency of investment. Therefore, the company carrying theoperating mode excellent and turn and can consider and buy other highwayproperties, or is to carry on diversified investment.Three, optimizing the operating mode is excellent to turn to conceive withreformThis text carries the camp mode way of thinking of the restructure tothe company, can is divided into the profession to turn division of laborand diversified two angles. Turn to divide the work from the profession theangle see, the company can open the group with city to carry on the cooperation;Can also launch the business in the logistics industry realm; Can alsoconsider and buy other highway properties. But see from diversified angle:The company can enter the real estate industry or cash to flow the more good...