-69-www.ivypub.org/msrManagementScienceandResearchVolume12Issue7,July2023,PP.69-77PredictionoftheChangesinPerformanceofIPOCompaniesFengyuMaSchoolofEconomicsandManagement,EastChinaJiaoTongUniversity,Nanchang,Jiangxi,330000,ChinaEmail:1158746546@qq.comAbstractWiththedevelopmentandimprovementofChina'scapitalmarket,thepositionandroleofthestockmarketinsocialresourceallocationarebecomingincreasinglyprominent.ManyenterprisescontinuetogrowthroughIPOfinancing,buttherearealsosomeenterpriseswhoseperformancehassignificantlydecreasedafterIPO.TheacademiccommunityathomeandabroadhasgivenalotofattentiontotheproblemoftheperformancedeteriorationofenterprisesafterIPO.However,mostscholars'focusontheissueofIPOcompanies'performancedeteriorationisonregulatorymechanisms,whicharecontinuouslyimprovedtofundamentallysolvetheproblemofperformancedeterioration.Thisisalsoarelativelyeffectivemethodtosolvetheproblemofperformancedeterioration.Fromanotherperspective,ifwecanpredictwhethertherewillbeatendencyforacompany'sperformancetochangeafteranIPObasedonsomefinancialrelateddatabeforethecompanygoespublic,itwillhaveadecisiveimpactoninvestors'investmentdecisions.BasedonareviewofdomesticandforeignresearchontheperformancechangeofIPOcompanies,thisarticleexploresthemainfactorsthataffecttheperformancechangeofIPOcompanies.CombinedwithfinancialdatabeforeIPOcompaniesgopublic,amathematicalstatisticalmethodisusedtoconstructamodeltopredictwhetheracompany'sperformancewillchangeafterIPO.Intermsofdataprocessing,theinfluencingfactorsaredividedintotwoparts:corporategovernanceandearningsmanagement.Thedatathatisdifficulttoanalyzeintheearningsmanagementpartiscleverlytransformedinto"beautificationmanagement".Byanalyzingthefactorsofthecompany's"beautificationmanagement",thegoalofpredictingthecompany'sperformanceafterIPOisultimatelyachieved.Keywords:IPO;ChangesinPerformance;InfluenceFactor;PredictionIPO公司业绩变脸的预测麻丰宇华东交通大学经济管理学院，江西南昌330000摘要：随着我国资本市场的发展和完善，股票市场在社会资源配置...
