The Research On Transformation To Company Performance Of Chinese Traffic Enterprises

State-run enterprise's reform have changed over to the system innovation of the property right for setting up modern enterprise system from 1992.But according to listed enterprise, the performance is generally unsatisfactory after changing.This paper regards performance of listed traffic enterprises after Transformation to company as the means of studying, appraise and study the performance of this specific trade. Seeing that present defect oft performance appraise, this chapter draw lessons from Robert S. K Professor and David P.N deal in balance of performance, according to of our country national conditions and traffic characteristic of trade improve the evaluation index of the performance. Have added the social benefit index with China's actual conditions, and replace the financial profit to calculate with the economic profit, make the performance appraise the result and reflect the business performances of enterprises more true, more overall, more accurately. On the basis of the thing that the index was improved, set up multi- level fuzzy comprehensive judgment model to judge the enterprise transform performance appraisal synthetically. And to economic benefits evaluation index data and social benefit evaluation index data, develop ability evaluation index different characteristics of datum, adopt main composition analytic approach and fuzzy comprehensive evaluation assessment calculate that it appraises the result separately. According to model built, 2001-2003 traffic listed enterprise company 's data as panel data in the model, 40 listed performance of enterprise is appraised , accordingly draw performance appraise result. Direct against the situation of the traffic transformation to company of enterprises of our country with unsatisfactory performance, deepened to its reason, overall analysis. Summarize and sum up seven reasons which influence the traffic performance of transformation to company of enterprises: External condition, property right structure, corporate governance structure , enterprise organize type , enterprise's institutional framework , the...