Research On Diversified Management Mechanism And Effect Of Livestock Industry

In the context of the high-quality development of the Chinese economy in the new era,the high-quality animal husbandry is of vital interest to people’s livelihood.The relevant departments of the State have made it clear that the high quality development of the livestock industry needs to be addressed from the production level,with emphasis on whether the strategies for the development of the production of the industry match the needs of the market.It is important to note that the management of livestock and poultry farming industry,in order to adapt to the continuous derivative market demand,tend to choose diversified management.However,whether the diversified operation behavior of the sustainable development of livestock and poultry breeding production and operation entities has eliminated the unreasonable barriers to the development of the industry to some extent,and whether it has achieved the effect of improving the competitiveness and vitality of the industry and the profit space of the industry has attracted the attention of the academic and industry.In view of the above background,the research starts from the current development status of the livestock and poultry breeding industry.Based on the perspective of livestock and poultry breeding listed companies,it analyzes whether the diversified business behavior conforms to the original intention of the business entity—promoting the effective allocation of resources,promoting the rapid development of the industry,and ultimately promoting the improvement of operating results.This paper analyzes different types of diversified selection preferences,explores the multi-level reasons behind them,and comprehensively evaluates the diversified operation effects in combination with selection preferences,industrial chain and operation risks,and explains in detail the motivation,logic and mechanism of diversified operation of listed companies in livestock and poultry breeding industry.Based on the latest industry classification,namely “Shenwan Industry Classification Standard(2021 Edition)”,this study selects the breeding industry of the branch of agriculture,forestry,animal husbandry and fishery,and takes the listed companies in the industry as the research object.Considering the differences in the listing time of each enterprise and the lack of data,the data are collated into unbalanced panel data,and the multiple linear regression model is adopted.The comparative analysis of random effects and fixed effects is used to further verify the impact of the diversification degree of listed companies in the livestock and poultry breeding industry on the operating results.The results show that the higher the degree of diversification,the worse the operating effect of listed companies in the livestock and poultry breeding industry.Therefore,listed livestock and poultry breeding companies should continue to focus on the main business,deepen the core business sector,and pay attention to technological innovation to enhance their competitiveness.In addition,the government should moderately increase support for listed companies in the livestock and poultry breeding industry,promote the “refocusing operation” of companies,and ensure certain supervision to prevent some companies from relying on policy dividends.Through the joint effect of external “policy promotion” and internal“enterprise adjustment”,the negative effect of decoupling between “original intention”and “substantial effect ” of diversification should be reduced as much as possible.