Mixed Ownership Reform On M Company Performance Impact Research

Mixed ownership reform is the focus of attention in the reform of state-owned enterprises.In the process of actively exploring mixed ownership reform of stateowned enterprises,my country vigorously supports the participation of private capital,foreign-funded enterprises and financial capital in various forms of non-public capital.In the practice of advocating state-owned enterprises to carry out mixed reform for many years,mixed reforms carried out through multiple paths have achieved results while also encountering many problems,such as imperfect economic market system,lack of correct government guidance,and irregular reform paths.According to existing scholars,the impact of mixed ownership reform on the performance of state-owned enterprises has two sides.Mixed ownership reform has both opportunities and problems.It is of great significance to study the impact of mixed ownership reform on enterprise performance and summarize the successful experience of mixed ownership reform.This article first combed the literature on the path and performance of mixed ownership reform,determined the research ideas and research methods of this article,and then reviewed the connotation of mixed ownership reform and put forward the theoretical basis of this article;secondly,the use of case analysis method,detailed Introduced M company’s industry and its own situation,analyzed the selection of M company’s mixed reform path,and conducted in-depth research on the performance of this reform.The reform performance is mainly analyzed from the three aspects of market performance,financial capability and comprehensive evaluation-economic value added before and after the mixed ownership reform of M company.The results show that the comprehensive evaluation and market response of M company after the mixed ownership reform are positive,and the financial capability is in the middle.M Company’s profitability and growth ability have been improved,but its debt solvency and operating capabilities need to be improved.In the end,the successful experience of M company’s mixed ownership reform was obtained: First,the choice of the mixed reform path of M company matches the company’s development needs;second,M company pays attention to strategic coordination when selecting private capital.In response to the problems in the mixed ownership reform of M company,follow-up suggestions to improve the performance of the M company’s mixed reform were put forward: First,M company should optimize the capital structure and increase debt solvency;second,M company should avoid blind expansion while improving its operating capabilities;Finally,M company should strengthen the integration of mixed reform resources to achieve industrial synergy.