Analysis Of The Infiuence Of Diversified Management On Financial Performance In Gan Yue Expressway Co.Ltd On Financial Performance

In recent years,high-speed rail and air traffic have diverted a lot of traffic,and the main sources of revenue,such as highway tolls,are constantly being impacted.In addition other policies and regulations have very strong time constraints on their own operation.Therefore,the diversification of road and bridge listed companies has become an inherent need and industry trend.However,nowadays,the research on diversified management of listed companies in road and bridge enterprises is almost blank,forming a contradiction between practical needs and theoretical research.This paper strives to make efforts in this work and provides a useful reference for the study of diversified management of road and bridge enterprises listed companies.This paper first combed the domestic and foreign literature on diversification,in order to further explore the Gan Yue expressway Co.Ltd diversification to provide theoretical basis and experience.Subsequently,this paper focuses on the specific connotation of the high speed diversified management of Gan-Yue and its influence on financial performance,this article also unifies the road and Bridge Enterprise's industry present situation to carry on the comparative analysis,attempts to excavate the road and bridge Enterprise diversified management The law and the background,hopes for the Gan Yue expressway Co.Ltd provides the reference and seeks the direction for the future development.In the study of the influence of the high speed diversification of Gan Yue expressway Co.Ltd on the financial performance,this paper tries to find a way to measure the effect of the financial performance from the two angles of relevant pluralism and unrelated pluralism,and finds that the relevant diversification is the "Freeway +" which has a more positive impact on financial performance.Because of the lag of the performance in the late start,it is difficult to judge the non correlated multiple layouts,but the present situation is mixed.In addition,this paper also probes into the mechanism of the effect of diversification on financial performance,which is a great difficulty for case study,in this paper,based on the previous research,combined with Gan Yue expressway Co.Ltd,the relevant theory and data are used to establish the relevant mechanism framework.Finally,based on the previous research,the paper puts forward the conclusion,revelation and prospect.Through the in-depth analysis of the case of the diversified operation of Gan Yue,according to the characteristics of diversified management in different periods,thispaper divides the high-speed diversified operation of Gan Yue expressway Co.Ltd into three stages,and takes this as the main line,analyzes the motives of the diversification of Gan Yue expressway Co.Ltd,and probes into the common points and differences in the process of diversification in the same industry.The conclusion is that the financial performance is the best in the relevant diversification stage,the contribution of the diversified business to the enterprise's financial performance is greater,and the unrelated diversification premium and the discount are parallel.This paper analyzes the influence of Gan Yue expressway Co.Ltd on financial performance through the case form system,hoping to provide a more comprehensive understanding of the diversified transformation of and even road and bridge enterprises,and if possible,it is hoped that this paper can provide practical reference for enterprise decision-making.