Investment Management Efficiency Research Of Large & Medium Scale Real Estate Development Enterprises

In 2008, the world economy was badly hit by global financial crisis, which exerted adverse impact to China's economy. The Chinese government launched a package of stimulus plans to boost economic growth, and this has translated into fast rise of investment on fixed assets. Investment efficiency has become a hot topic of discussion among scholars and experts. In order to obtain a healthy and steady growth in economy, it is a necessary step to study investment efficiency. Being a backbone in national economy, the real estate sector always takes up a large portion of fixed assets investment. In recent years, the housing price has been soaring throughout the country. High housing price and house purchase as investment are focus of attention of the public. For steady and healthy development of the real estate sector, the central government has constituted a series of regulation policies, especially in the year 2011, concerned regulation policies have been published in close manner. In the backdrop, it is urgent to study investment management efficiency from the perspective of real estate development companies. To formulate an objective and correct analysis and evaluation is quite important to growth of the sector, and undoubtedly makes contribution to healthy development of the national economy.The thesis takes large and middle scale real estate development companies as object of study, conducts study and evaluation from the angle of investment efficiency, viz. efficiency of investment management. First, it clarifies background for the subject, puts forward the frame and content for the study, delivers literature review of the field and elaborates basis for the study. Afterwards, according to discipline of choosing sample and index, fix the model; proposes procedure and methods for the evaluation through data collection and processing. The thesis takes 42 listed real estate development companies in A share market as samples, collect secondary relative evaluation model and comes to corresponding conclusion through data collection and processing. It verifies scientificity and effectiveness of the study, makes final conclusion and put forward suggestion and prospect.