Research On The Financial Effect And Optimization Of Vanke Business Partner System

With the growth of economic development and the increasing number of control rights,more and more enterprises are actively seeking the corporate governance system in accordance with their own development situation and industry.In order to achieve the purpose of stable control,and further improve the efficiency of corporate governance,lay the foundation for the future development of the company.The system of business partneris derived from the system of partners under this background,and the system has been welcomed by more domestic enterprises,so it is more important to explore whether the systm is conducive to maintaining the right of control.Vanke,as an enterprise that carriedout the business partner system earlier,is more advanced,so this article chooses Vanke as a typical case.In the first placl,on the basis of reading many documents at home andabroad,this article probes into the process of Vanke’s control rights and the contents of the system of business partners.The nusing the event study method to study and analyze the market reaction caused by the control rights competition after the implementation of Vanke’s partnership system,at the same time,the financial indexes of Vanke from 2011 to2017 are plotted and analyzed.In order to observe the change trend of various financial indexes before and after the implementation of the Vanke business partner system,it leads to the fact that the implementation of the Vanke business partner system doesn’t achieve the purpose of maintaining control rights,and gives the stock price and corporate governance of Vanke.The organizational structure and financial performance have brought the corresponding impact,which lays the foundation for the analysis of thedeficiencies of the business partner system.Finally,the control rights of the Vanke partners in the business.Analysis of the deficiencies in maintenance and give relevant suggestions.Through research and analysis,it is concluded that part of Vanke’s contention forcontrol is due to the unreasonable establishment of the business partner system,although the implementation of the business partner system has little effect on the market reaction and various financial indicators.However,due to the unreasonable setting of control rights,the contention for control rights not only leads to negative changes in market reaction and public financial indicators,but also hinders the overall growth of the company.Therefore,it is necessary to perfect and give some advice on the deficiency of the system of the Vanke partnership in the protection of the control right,so that the system can really maintain the control rights of the company.Function,so as to achieve the final goal which is beneficial to the development of the company,and lay the foundation for other companies to adopt the business partner system moreefficiently.