The Market Value Of Management

As equity division reform in 2005 and the subsequent release of restricted stock, no longer in the market for a distinction between tradable shares and non-tradable shares, they can be in the normal and circulation of stock trading day, at this point, the big shareholders and small shareholders with different differences will gradually disappear, and they have wealth holding equity can be used to measure, namely equity multiplied by the share price. Big shareholders begin to pay close attention to the change of the company’s share price, but the company stock price affected by many factors, therefore, how to manage the value maximization of wealth that you have become the common problems faced by each of the listed company managers, as market value management strategy becomes the key of the listed company managers in decision-making.Only in the western capital market value management and the idea that there is no market value management, it is because of their capital market development is relatively perfect, the market value of listed companies and its intrinsic value. And the development of the securities market of our country short time lead to the market value is not fully reflect the intrinsic value of listed companies changes, at this time, the managers of listed companies in China will make some feasible strategies for market management. In fact, the common goal of value management and value management is to increase shareholder value, the difference could be the market value than the value management adds more content, emphasized the capital market value management method with Chinese characteristics.More than 2000 listed companies of China’s securities market, what are the company to be able to stand out in a short time, doubling its market value index, and gain profits, among them the listed company of the contemporary group worthy of our study, we can find that the contemporary group by using the market value of management strategy to the positive role of the listed company’s share price.This article first expounds the concept and definition of value management, and to compare these two concepts, value and value and distinguish, has been clear about the different connotation of value management and value management. Then, in the contemporary group’s three listed company as an example, detailed analysis of the contemporary group is how to operate in China’s securities market and development of the market value of management strategy, fully discusses its subordinate the market value of listed companies management process and use the market value of management strategy, these strategies, and there is the potential problems in the listed companies in China securities market in the future to provide some decision reference for market value management strategies.By this study, the contemporary group a large, comprehensive content of the financial investment group’s use value management strategy is a multi-level, various, multi-angle. The weak effective securities market in our country, the contemporary group investors can be acquired through market management approval, reduce the financing cost, improve the stock price, the implementation of shareholder value plays a positive role. In addition to the contemporary group based on the current market conditions for equity pledge activities many times, and laid a solid foundation for market value management to China’s securities market to fully demonstrate the function of capital at a premium.