Research On The Effect Of China Eastern Airlines Logistics Mixed Ownership Reform

In recent years,the state has been actively promoting the mixed ownership reform,and has launched 208 pilot mixed ownership reform in four batches.The pilot projects of mixed reform have combined "capital introduction" with "mechanism transformation",focused on institutional development and institutional innovation,and made breakthroughs in improving corporate governance,establishing and improving incentive mechanisms,and transforming business mechanisms.From the perspective of effect,the operation conditions,governance ability,labor productivity,core employee turnover rate and core competitiveness of the enterprise have been improved.This paper sorts out the literature on the corporate governance effect and economic benefits of mixed ownership reform,and selects China Eastern Airlines Logistics,a stateowned enterprise,as the research object.Starting from the motivation of mixed ownership reform,it studies the effect of mixed ownership reform by means of literature analysis,case analysis and comparative analysis of mixed ownership reform.Finally,it is found that the mixed ownership reform has played a positive role in promoting China Eastern Airlines logistics in both the management effect and economic benefits,and achieved the goal of its mixed reform.From the point of management effect,China Eastern logistics after mixed ownership reform,updated the governance structure,in the board system,professional managers system made improvements,improve the market compensation system,performance appraisal management mechanism construction,reduce the violation tendency,reduce the agency cost,make business decisions more reasonable,improve the quality of accounting information.China Eastern Airlines Logistics has successfully realized the synergistic effect and promoted the transformation of its business model by introducing strategic investors.In addition,from the perspective of economic effect,within the 10 trading days after the listing of China Eastern Logistics,the market showed a positive attitude,and the financial risk of China Eastern Logistics was significantly reduced,labor productivity was significantly improved,and profitability was enhanced,reversing the situation of successive losses and enhancing the market competitiveness.To sum up,China Eastern Airlines Logistics has achieved the goal of mixed reform,and provided replicable experience for other companies’ mixed reform.