The Application of Analytic Hierarchy Process in the Comprehensive Performance Evaluation of Mixed Ownership Reform in State-owned Enterprises
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DOI: 10.23977/iceccs.2018.032
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