分拆上市对公司经营绩效的影响--以联想分拆神州数码为例

分拆上市对公司经营绩效的影响--以联想分拆神州数码为例(论文7300字)
摘要
目前，分拆上市对国内来说，是越来越火热的一个名词。越来越多的上市公司将部分业务抽离出来成立新的公司再单独上市。分拆上市不仅仅能为股东带来更多的效益，而且为企业创造更多的利润。本文通过2012-2015三年的财务指标对联想集团分拆神州数码的数据资料加以研究，考察判断该公司的发展经营状况。本文旨在通过对神州数码财务指标的分析，以更全面的分析分拆上市对一个企业经营绩效的重大意义及影响，进而对企业分拆上市在我国今后的发展提出相关建议与对策。
关键词：分拆上市；经营绩效；神州数码

The example of Lenovo spin-off Digital China about the influence of Spin-off listed on the company's operating performance
Abstract
At present, the spin off listing for domestic, is a noun is more and more hot. More and more listed companies will be part of the business has established a new company listed separately again pulled out. Partitioned offering not only bring more benefits for shareholders, and create more profits for the enterprise. In this article, through three years of financial data, 2012-2015 financial index to divide digital China's lenovo group research data, analysis the enterprise operation, solvency, profitability level affect the development of the company to grow. This paper aims to digital China financial indicators analysis, in a more deep, more comprehensive to spin off listing on the significance of a firm's performance and its influence, and to divide listed companies in our country some Suggestions and countermeasures for future development.
Key words: spin off listing; Business performance; Digital China

目  录
1.相关理论分析    1
  1.1分拆上市    1
    1.1.1分拆上市的含义    1
  1.1.2分拆上市的动因    1
    1.1.3分拆上市的效果    2
  1.2经营绩效    3
1.2.1经营绩效的含义    3
  1.2.2经营绩效的衡量指标    3
 2.分拆上市对公司经营绩效影响的理论分析    3
 2.1实现资源优化配置    3
   2.2满足融资需求及分散风险    3
   2.3促使母公司资产二次上市    4
3.案例分析-以联想分拆神州数码为例    4
3.1公司背景及分拆过程    4
  3.2分拆后母、子公司绩效分析    4
3.2.1偿债能力分析    5
  3.2.2营运能力分析    6
  3.2.3盈利能力分析    7
    3.2.4经营绩效分析    7
4.总结和启发    7
  4.1完善分拆上市制度建设    7
  4.2采用新的管理模式和经营模式    8
  4.3避免“母贫子贵”现象的出现    8
参考文献    9