Author(s)

Hongjing Zhang, Mingjing Chen

Corresponding Author

Hongjing Zhang

ABSTRACT

The mixed ownership reform is the breakthrough of state-owned enterprise reform. The starting point is to realize the complementary advantages of state-owned capital and non-state-owned capital. The analytic hierarchy process is used to establish a comprehensive performance evaluation index system for state-owned enterprises from three aspects, financial performance, management performance and social performance. The sample of state-owned enterprises listed in the A-share market of Shanghai and Shenzhen stocks from 2007 to 2017 is used as a sample to calculate the mix of 2010~2014. The impact of ownership reform on corporate comprehensive performance. The results show that the reform of mixed ownership has improved the overall performance of state-owned enterprises.

KEYWORDS

Mixed ownership reform, Analytic Hierarchy Process, Comprehensive performance