The Study On Enterprise's Performance Evaluation

Since reform and opening up, with the accelerated pace of economic reform in the importance of economic development the company have become increasingly prominent, in particular the establishment of a market economy system, listed companies have become the main players in the competitive arena. Listed companies is good or bad performance, fundamentally determines the allocation of resources throughout the rational and orderly market competition; a direct impact on China's economic development level and the direction of economic development; directly related to the pace of our society. The performance of listed companies as shareholders, creditors, employees, Securities analysts and even government departments on issues of common concern. and objective evaluation of the performance of listed companies of the importance of being more and more people will recognize them.Scientific evaluation of listed companies to enhance the company's operating efficiency of the supervision and restraint. timely prevention of major risks; Investors can choose highly qualified operators. and effective incentive for operators to provide an important basis; for the majority of creditors. Small investors and other stakeholders to provide a reliable performance information of listed companies. Non-listed companies to provide early warning information in the normal situation, rational investment guide investors. thereby circumventing revealed that the investment value or market risks.The theoretical and empirical researches on the company performance appraisal, using statistical methods, are rare in the documents at present. Though the accounting and statistics have respective systems of theory, to a certain degree, there is some space to unify them. The author hopes sincerely that her research will give some inspiration to the academic counterparts, and also hopes that the conclusion will give help to solve the difficult problems of performance appraisal.