Research on Corporate Performance, Restructuring, and Corporate Governance of Chinese Firms Facing Operational Difficulties

Author: Wang Zhen
Publisher:
Publish Date: 2005-03-01
Features: This book focuses on a category of companies in the Chinese securities market that have been subject to special treatment. The research objective is to examine the market's judgment of these companies and the measures they subsequently take. Therefore, the analysis includes two aspects: the market's perception of these stocks and the behavior of these listed companies. The premise of this analysis is a fundamental understanding of the differences among these companies. As a result, the book's research is based on the operational performance and market performance of ST companies, as well as the governance mechanisms that come into play when these companies face financial difficulties. After gaining an understanding of the fundamentals of these companies, it is necessary to investigate whether investors in the market have made corresponding judgments about them. To overcome their, these companies must take appropriate measures, especially those related to asset restructuring. Therefore, it is essential to study the short-term effects, long-term performance, and methods of asset restructuring for ST companies. Additionally, the book provides relevant policy recommendations.