China's Business Challenges: Company Performance, Restructuring, and Corporate Governance Research

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 aims to understand the market's judgment of these companies and the measures they subsequently take. Therefore, the analysis encompasses 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 grounded in the operational performance and market performance of ST companies, as well as the governance mechanisms that come into play when these companies face difficulties. After gaining an understanding of the fundamentals of these companies, it is necessary to examine whether investors in the market have made corresponding judgments about them. To overcome their, these companies must take appropriate measures, particularly asset restructuring measures. Therefore, it is essential to study the short-term effects and long-term performance of asset restructuring in ST companies, as well as the methods of their asset restructuring. Additionally, the book provides relevant policy recommendations.