Empirical Study on the Success and Failure of Chinese Listed Companies

Author: Hu Ruyin, Editor-in-Chief
Publisher:
Publish Date: 2003-02-01
Features: This book aims to conduct an empirical discussion on the current state of success and failure among Chinese listed companies and their underlying causes, and proposes relevant policy recommendations. The book is divided into six parts: Part I is the introduction; Part II provides a comprehensive evaluation of the performance of Chinese listed companies, proposes objective standards for their success and failure, and conducts statistical feature analysis of successful and unsuccessful listed companies. Part III analyzes the macro factors influencing the success and failure of Chinese listed companies, including their industrial structure and government intervention. Part IV explores the micro factors affecting their success and failure, such as equity structure, corporate governance mechanisms, financing behavior and capital structure, business strategies, and core competitiveness. Part V constructs a financial early warning model for the failure of listed companies; Finally, it concludes with policy recommendations.