Research On The Optimization Of Comprehensive Appraisal Model Of Listed Company’s Performance

As our country’s securities markets developing, the structure has been formed amulti-level capital market, including the main board market, SME board and GEM, thenumber of listed companies has from the initial14to more than1,700in2009. To thesecurities market, the quality of listed companies has been essential, what is more,which has become the key factor to the national economy’s healthy development. Theperformance of listed companies proves to be the securities investors, government,securities analysts and employees’ common concern. How to establish a scientific andreasonable evaluation model of listed company’s performance becomes the theoreticaland the business’ research.Firstly, this thesis introduces the research background and meaning, analyzes theexisting research, points out the shortcomings of index system’s establishment,standardize, the weight methods and synthesis index value; then, to the existingshortage, the evaluation process of listed companies’ evaluation is optimized from thefollowing aspects: using the “subjective and objective classification” to chooseindexes and set the indexes system; comparing and analyzing the standardizedmethods, choose the best method; adopting the critic weight to optimize the weights;finally, on the basis of previous research, setting up a optimal evaluation model oflinear function, and the model is applied to the example of24listed companies ofbeverage and food industry, which compare to the common evaluation model, theresearch show that the optimal linear function has the highest relative efficiency.