An empirical study of asset restructuring performance of listed agricultural company

Using principal components analysis,this paper measures the fluctuation of the performance of listed agricultural companies experiencing asset restructuring.We examine the performance changes from 2000 to 2004 of these companies with wilcoxon test.The result shows that the performance of listed agricultural companies did not change significantly.The reason may be that the asset restructuring of listed agricultural companies was not relative to their main businesses,therefore,did not help much to corporate performance.