Reasearch On Assessment Of Financial Management Efficiency In Listed Companies

In the theory of the modern company,financial governance plays an important role in the listed companies' operating and their performance.Financial governance is an important part of the organizational structure.It is also the core of corporate governance in the listed companies.As a result,a normative and efficient assessment of financial management efficiency has its great significance.This financial management efficiency will direct the financial governance practice.The evaluation system of financial management efficiency receives much concern from the scholars who studys the financial management efficiency.It has become a hot topic.With the continuous development of the listed companies,how to establish a set of assessment of financial management efficiency for the listed companies'development demand has become an urgent requirement.This article analyses and induces the current financial management theory.Then previous research about assessment of financial management efficiency home and abroad is used for reference.On this basis,constructs the system of assessment of financial management efficiency.Study sample is chosen the listed companies in the shanghai and shenzhen stock.The number is 384.Select the appropriate governance of listed companies of the financial results of the evaluation indicators.Use the factor analysis,regression analysis and other empirical methods to build a set of listed companies' financial management efficiency evaluation system.Empirical testing is used to prove that the establishment of targets practicality and effectiveness of the system.The full text is divided into five parts.The details are following:The first part is the introduction.This part introduces the research background and significance,the research status of the domestic and international.It also includes the research thought,research approach and innovative points.The second part is the theoretical analysis of the financial management efficiency. Introduces the theoretical basis of the financial management efficiency then discrimines relevant concepts.The third part is the present situation of the financial management.The part discuss -es from different aspects,such as ownership structure,general meeting of shareholders, board of directors,board of supervisors and the rank of manager.The fourth part builds a set of assessment of financial management efficiency in listed company.Set up a five first grade indexes,11 secondary indexes and 25 third grade indexes.The fifth part is the empirical research of assessment of financial management efficiency.Use factor analysis to build a rating system to evaluate the model.Use regression analysis to test the score model.