Performance Evaluation Of Strategic Emerging Industries

Strategic emerging industry is still in the early growth stages, and how to establish an effective performance evaluation system of the industry still in the exploratory stage. The performance evaluation of the authenticity, validity, direct relationship with the future direction of development, investment priorities determine the problem. Leading enterprises as a strategic emerging industries of strategic emerging industries listed companies, representatives of the comprehensive strength of the industry, its development reflects a complete picture of the entire industry. Therefore, the establishment of a set of performance evaluation system for strategic emerging industries listed companies, the performance assessment of the business situation of enterprises in a timely manner, correctly judge the results of the business, which is not only conducive to capital market investors choice, and also contribute to the strategic emerging industries listed companies to strengthen its own management, and improve business performance, enhance the competitiveness of enterprises, so as to promote the long-term development of the enterprise.Theoretical basis, the paper described the principal-agent theory strategic management theory, transaction cost theory, stakeholder theory, contingency theory laid the theoretical basis of the full text; Evaluation for strategic emerging industries, combined with relevant information, starting five dimensions of solvency, operational efficiency, profitability and so on,14financial indicators as the core of the performance evaluation system; This Paper evaluation system review Wal-evaluation system, economic value added (EVA) evaluation system and so on, taking into account the characteristics of the industry of the strategic emerging industries, combined with Wall evaluation system, the economic value added evaluation system and DuPont analysis system, to abandon Wall analysis limited financial indicators shortcomings DuPont analysis system ignore the shortcomings of cash flow information, select the financial data of the balance sheet, income statement, cash flow statement, and fully reflect the emerging industries of strategic enterprises performance; evaluation method, principal component analysis and so on introduced, based on both feasible to set up a practice arguably in the theory of scientific evaluation methods, this choice of factor analysis of financial indicators, the comprehensive evaluation and rating Sort.In the case study, the42part of the strategic emerging industries of China’s Shanghai and Shenzhen listed companies as the research sample, with the statistical software SPSS draw strategic emerging industries, comprehensive performance of listed companies ranked. At the same time, the development of strategic emerging industries rationalization proposals.