Title :
Reorganization of assets to improve performance of the private economy? Based on the empirical data of listed companies on Jiangsu, Zhejiang and Hu
Author_Institution :
Business School of Soochow University Suzhou, Jiangsu in China, 215021
Abstract :
In this paper, with a focus on specific types of businesses in a particular region, the performance was discussed before and after asset restructuring by building a theoretical model of private enterprise. The reorganization of assets 125 Intra Regional private listed companies was as samples in Shanghai and Shenzhen A-share market since 2001–2007, using factor analysis and multiple linear regressions, analysis of changes in private enterprise performance status before and after reorganization. The empirical results show that: Listed Private performance of corporate restructuring will be decreased significantly in the reorganization of the year, sustainability is obviously inadequate; on the same time, impact factors of transaction types, transaction sides relevance, ratio of the largest shareholders, equity balance degree are directly associated with the reorganization of performance. Finally, related measures improving the Intra Regional Comprehensive performance was proposed.
Keywords :
Banking; Companies; Corporate acquisitions; Educational institutions; Stock markets; Asset restructuring; Business performance; individual companies;
Conference_Titel :
E -Business and E -Government (ICEE), 2011 International Conference on
Conference_Location :
Shanghai, China
Print_ISBN :
978-1-4244-8691-5
DOI :
10.1109/ICEBEG.2011.5882414