The Study On The Performance Of The Mixed Ownership Reform In The State-owned Enterprises Based On BSC

Under the situation that mixed ownership reform of state-owned enterprises has achieved notable effects,the performance of reform achievement has become a hot topic.This paper analyzes the long-term effects by mixed ownership reform under the Balance Score Card strategic performance evaluation system,applying four evaluation perspectives,which are financial,customer,internal business,and learning and growth perspectives,on the case of Sinopec who leads in carrying out the mixed ownership reform and has completed the reform.As for the comprehensive evaluation of the reform,the paper takes analytic hierarchy process for determining weights on each perspective and index,the efficacy coefficient method for quantifying and scoring the index data,and weighted average method at the last.Showing from the results,Sinopec gets more scores on internal business perspective year by year after completing the mixed ownership reform.However,the financial perspective and the customer perspective scores fell first and rose later,and scores on the learning and growth perspective plunged after climbing to 100 points.However,the comprehensive scores show a fluctuation around 60 points.Moreover,the results suggest that the mixed ownership reform can help improve internal business continuously,and only affect financial perspective in long-term,and only affect learning and growth perspective in short-term,but seems have no effect on customer perspective.As for comprehensive performance,the reform seems don't have any obvious help.Besides,Sinopec has to carry out some improvements on learning and growth perspective,such as creativity and satisfy employees.Also,Sinopec has to stable the performance related to financial and customer perspectives;for example,increase the state-owned capital preservation and inventory turnover rate,increase market share and improve customer satisfaction by providing more excellent products and good services.The research results of this paper provide a reference for other stated-owned enterprises to reform the mixed ownership and evaluating the long-term comprehensive performance of the mixed ownership reform.