The Correlated Research On Listed Companies' Performance And Diversified Management In The Logistics Industry

Diversification strategy is one of the most important business ways of operation. With the development of our national economy, technology progress and the increasingly fierce competition environment, more and more logistic listed companies of China have chosen the diversification strategy. Some enterprises encounter the plight of the diversified management failure although many of them enjoy the benefits of diversification strategy. Both the managers and experts are keen to know if the diversification strategy can give us more benefits than loss or not. So the correlated research on listed companies'performance and diversified management in the logistics industry of our country has an important mean to the healthy development of logistics industry.This thesis uses the mathematical statistical methods to empirically study the relationship among correlation, diversified types and the performance. Through regression analysis, it shows that we can take advantage of having effective the remaining resources and abilities, the internal market, to save costs of transactions by low degree of diversification. But a high degree of diversification is not only scattered enterprise management of resources, increased coordination costs, but also across industry will produce a subsidy, will eventually lead to business performance poor. In research we get our logistics industry in the higher degree of diversification will lead to financial performance worse. Implementation of related diversification enable logistics enterprises to play a more effective synergistic effect in the brand and their joint-effect, while the implementation of relevant diversification not only enable the listed company to do what they may do, but also may increase the management costs, operating costs and coordination costs, so the performance of related diversified logistic listed company is better than the non-related.