Analysis on Performance Evaluation of Chinese Listed Real Estate Companies: Based on Effectiveness of Administration

Traditional research on operation law and mechanism of performance evaluation evaluate corporate performance with a serious, which can reflect the operating conditions of the corporate to some extent, but sometimes the overall status can't reflect the efficiency of corporate and the endeavor of managers exactly, so establishing a scientific and effective performance evaluation mechanism is the key to consummate the corporate govern mechanism and advance its rapid development. And the effectiveness of administration is a production behavior which eliminates the influence of objective conditions and really reflects the benefits of the assessed unit, so evaluating corporate performance would describe the endeavor of the managers to some extent. This paper studies subjective and objective performance evaluation methods, evaluates the performance of Chinese listed companies with the method of secondary relative performance, and analyzes Chinese listed companies' performance evaluation mechanism on the point of effectiveness of administration.