Listed Companies' Financial Performance Evaluation

The Company is the basic organization of modern business, while the performance appraisal is the important content of the business strategic management. In recent years, the world of accounting has been researching on the performance appraisal. But there are a lot of deficiencies in the former research. Now in the accounting circle, the performance appraisal is the difficult problem, in which the appraisal method is more difficult.In view of the need of empirical analysis and the core of financial performance, this paper puts emphasis on the financial performance appraisal of listed companies, and puts the theory and empirical analysis together, where statistical methods are used to solve the accounting hard problem. Firstly, this paper interprets the definitions concerning performance. Secondly, the five domestic performance systems are evaluated. Finally, the theoretical thinking and empirical analysis on the new financial performance model are put forwards. The author not only puts attention on the compactness of structure, but also scrupulously abides by the objectiveness of analysis and the practice of model.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.