对ST公司资产重组总体规模效应的分析及建议

2001年以来,ST公司的资产重组逐步由报表性资产重组转变为实质性资产重组。实质性重组对ST公司是否有积极的总体规模效应,能否促进ST公司竞争力的增强等,是本文所研究的主要问题。本文以2001年进行资产重组的ST公司为样本,通过分析样本公司相关指标均值在重组前一年、重组当年和重组后两年的变化情况,对2001年ST公司资产重组的总体规模效应作出客观的评价,并提出相应的建议。

Analysis of and Suggestions to the Overall Scale Effect of ST Companies' Assets Reorganization

Since 2001, ST listed companies' surface reorganization has been gradually replaced by reorganization in the real sense. With essential reorganization becoming the mainstream, it is the writers' purpose in writing this paper to answer such questions as to whether the assets reorganization promotes the competency of ST companies and has a positive effect on the financial condition and financial strength of ST companies. This thesis takes the ST companies that carried out assets reorganization in 2001 as samples to make a demonstrative study. By analyzing various circumstances of the related index's average value of ST companies in the year before the reorganization, the year of the reorganization and the next two years after reorganization, it is expected in this thesis that an objective evaluation is to be made on the financial effect of ST listed companies' assets reorganization.