Financial Performance of State-owned Enterprises Listed as a Whole: An Empirical Analysis

Jian-qiang GUO, Pei ZHANG, Rui-qi QIU
2016 DEStech Transactions on Economics Business and Management  
This article chose 19 state-owned enterprises which were listed as a whole during 2004-2013, using factor analysis to compare financial performance of them among the year before holistic listing, the year of holistic listing and the year after holistic listing. The result revealed that holistic listing is not panacea for state-owned enterprises to improve their financial performance. Besides holistic listing, the enterprises should improve their corporate governance and management efficiency as well.
doi:10.12783/dtem/icem2016/4067 fatcat:j6xscoy5efgsni5tuv3sjjunxa