Group Evaluation Of The Performance Of Member Companies Method And Applied Research

With the economic development of China, many companies are beginning to find out ways to form a large business group or to be a member of a group. But the difficulty of management remains a big problem to the group company while expanding. It's very important to use comprehensive evaluation methods to evaluate the subsidiaries' performance based on the evaluation index system, because performance evaluation is a part of an effective controlling and inspection system to supervise the subsidiaries' strategic development as well as business process. The result derived from the evaluation may provide absolutely necessary information for the group company to make short-term tactic and long-term strategy, and help the group company to make wise decision with the changes outside the company.First, this thesis expounds some theories of economics related to the formation of business group, and after analysis of internal structure of business group, the thesis discusses the importance of performance evaluation for group company; and analyses every factor of performance evaluation system. The thesis analyses the problems exist in group company's performance evaluation process of China, and puts forward the evaluation index system of corporate performance, based on the review of literatures home and abroad. The main part of the thesis is several comprehensive evaluation methods which can be applied to evaluate corporate performance. Through the way of compare study, the thesis makes it clear that the advantages and deficiencies of the methods as well as their specific application areas. The conclusion may provide valuable information for group company to select these methods while evaluating performance for different purposes. The main purpose of the thesis is to put theory study into practice, and provide the group company with powerful tools to evaluate its subsidiaries' performance.