Chinese Private Listed Companies Empirical Study on financial problems of sustainable growth（中国民营上市公司的实证研究对金融可持续发展的问题）.docVIP

Chinese Private Listed Companies Empirical Study on financial problems of sustainable growth REVIEW :: papers listed at the beginning of private enterprise. Corporate finance reconstruction of sustainable growth model. Chinese Private Listed Companies Financial Analysis. Paper Keywords: private enterprise, sustainable growth, financial capacity A corporate financial model reconstruction sustainable growth in the external market conditions remain unchanged, the listed company’s financial sustainable growth is the company’s profitability, capital structure, dividend policy and the issuance and allotment of the number and price of the decision The power of listed company earnings growth mainly from the increase in assets of listed companies, which is increased to increase shareholders’ equity and liabilities. At a reasonable capital structure and remain unchanged, its power mainly from the increase in the growth of shareholders’ equity. The increase in shareholders’ equity on the one hand from the increase in retained earnings of listed companies, on the other hand from the issuance or rights issue to raise capital. Thus, for listed companies, financial sustainable growth rate has been raised mainly in two ways: one is to try to improve the internal efficiency of the company’s asset management and use, reduce costs and improve their profitability; the other is by increasing issuance and allotment of quantity and price, in order to increase the equity capital to promote growth in earnings per share. Therefore, rational fiscal strategy of listed companies should be: on the one hand continue to use internal funds by improving efficiency, strengthen internal cost control, increase return on assets; the other is to raise equity capital in improving the return on assets on the basis of, to achieve a combination of organic growth and epitaxy growth within the company. Get the model after model used in this paper that the expansion, SGR = -1 [①] Establi