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Research On The System Of High Technology Listed Companies Performance Evaluation

Posted on:2016-02-19Degree:MasterType:Thesis
Country:ChinaCandidate:L YangFull Text:PDF
GTID:2309330461492045Subject:Accounting
Abstract/Summary:PDF Full Text Request
High technology enterprise as one of the emerging industry, it is a hot topic about its performance evaluation in recent academic and theoretical discussion. High technology enterprise is not only a traditional commonness of the enterprise, but also has unique characteristics. High technology enterprise as one of the emerging industry, it has the characteristics of high investment, high growth, high innovation, high risks and high profitability. Therefore, it must establish a set of effective index system in order to properly on high technology enterprise performance evaluation. By establishing the accord with the characteristics of high technology enterprise performance evaluation system, on the one hand, it will find the problem existing in the process of enterprise management and rational management of the whole performance evaluation of high new technology industry and it will measure the advantages and disadvantages that exist in the high-tech industry, promoting its standardization; on the other hand, it will evaluate the performance of high technology enterprise. High technology enterprise attaches great importance to the factors such as human capital and intellectual capital to improve its management method and the innovation ability, thus improving the management level of enterprises. Therefore, it is very necessary to study performance evaluation of high technology enterprise.In this paper, the essay covers the following several parts:Firstly it is introduction, mainly introducing the research background and research significance of this essay. Research status at home and abroad were reviewed and it introduces the general situation of the presented in this essay, research methods,research ideology, innovations and shortcomings. The second part is about the related theories of performance evaluation of high technology enterprise and define the concept. First of all, It introduces the performance evaluation of high technology enterprise and the basic definition, the second is introduced the relevant theories of performance evaluation of high technology enterprise; finally it introduces the main method of performance evaluation of high enterprise. The third part expounds the high-tech listed companies in order to construct a performance evaluation index system, including the present situation of the high-tech enterprises performance evaluation analysis, the design principle of high technology enterprise performance indicators and the construction of performance evaluation system of high-tech listed companies. The fourth part mainly expounds the main method of performance evaluation of high technology enterprise; and at the end of this article it analyzes the rationality of using data envelopment analysis and introduces the using data envelopment analysis method for the construction of high technology enterprise performance evaluation system using the Shanghai stock exchange in 2012 and 2013. It is concluded the composite scores of each high technology enterprise and the comprehensive ranking, and then it use deap2.1 software for process in order to make conclusion to take the proportion of manufacturing industry and manufacturing large pharmaceutical manufacturing, computer, communications and other equipment manufacturing industry as sample. it is concluded the performance of sample companies comprehensive ranking and the processing result is analysed. The fifth part introduces the research conclusion of this essay, and puts forward the relevant policy recommendations, puts forward the research prospect, aiming to promote the development of high-tech enterprises performance evaluation.In this paper, the research features and unique innovation is in research methods. Based on the research of high technology enterprise performance, from the enterprise performance evaluation to the definition of high technology enterprise, based on the characteristics of the high technology enterprises, it built in accordance with the characteristics of high technology enterprise performance evaluation system. Considering the influence of financial indicators and non-financial indicators, it use data envelopment analysis and Malmquist index method to carry on the empirical test in the horizontal and vertical performance of high technology enterprise. It selects all the listed high technology enterprise in the Shanghai stock exchange as the research sample. The result is to obtain an objective and comprehensive evaluation results and promote the improvement of the performance evaluation system of high technology enterprise and development.
Keywords/Search Tags:high technology enterprise, performance evaluation, index system, data envelopment analysis
PDF Full Text Request
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