摘要
上市公司的会计盈利能力与其成长性之间一直存在着复杂的关系。论文采用主成分分析法,使用托宾Q值作为上市公司成长性的衡量指标,分析了上市公司成长性的关键影响因素,建立了上市公司成长性盈利能力评价指标体系,利用主成分分析结果得到7个主成分因子,并进行实证分析。实证分析结果表明,上市公司的成长性受多种盈利因素的影响,不同会计年份的盈利因素对上市公司成长性的影响程度各不相同。对于企业不同的发展时期,企业盈利能力与企业成长性之间也不是一成不变的。
There is a complicated relationship between the accounting profitability of listed companies and their growth.In this paper,the principal component analysis method is used,and the Tobin Q value is used as the measurement index of the growth of listed companies.The key influencing factors of the growth of listed companies are analyzed.The evaluation index system of listed companies'growth profitability is established.Seven principal component factors were analyzed and empirically analyzed.The empirical analysis shows that the growth of listed companies is affected by a variety of profit factors,and the degree of profitability of listed companies in different accounting years has different degrees of impact on the growth of listed companies.In the different stages and periods of the company's development,the relationship between profitability and corporate growth is subject to dynamic changes.
作者
薛小青
XUE Xiao-qing(School of Accounting,Yangen University,Quanzhou Fujian 362014,China)
出处
《齐齐哈尔大学学报（哲学社会科学版）》
2019年第1期59-62,共4页
Journal of Qiqihar University(Philosophy & Social Science Edition)
关键词
成长性
盈利能力
主成分分析法
托宾Q值
上市公司
growth
profitability
principal component analysis
Tobin Q value
listed company
