Title :
The determinants of the textile and apparel enterprises´ growth: An empirical research
Author :
Liu, Yuejun ; Zhou, Li
Author_Institution :
Sch. of Econ. & Manage., Zhongyuan Inst. of Technol., Zhengzhou, China
Abstract :
In this document, 53 samples were selected from the textile and apparel enterprises listing in Shanghai and Shenzhen stock exchanges. We collected the data of 2007-2009 from CCER and annual reports of the listed companies. With the data, we researched on the influence between growth determinants and other economic indicators, such as size of the firm, profitability, operational capacity, debt-paying ability, and capital structure, by hypothesis test model. Using the “main business income” as the index of the growth of enterprises, the data were processed by statistical software, such as EXCEL, SAS and SPSS. The result shows that if we sort the growth determinants of the enterprises by their influence, we can get size, management and finance capabilities in sequence.
Keywords :
clothing industry; economic cycles; economic indicators; profitability; stock markets; textile industry; Shanghai stock exchanges; Shenzhen stock exchanges; apparel enterprise growth; apparel enterprise listing; capital structure; debt-paying ability; economic indicators; finance capabilities; hypothesis test model; main business income; operational capacity; profitability; statistical software; textile; Analytical models; Correlation; Educational institutions; Indexes; Marketing and sales; Profitability; Textiles; Enterprises´ growth; empirical research; influencing factor; textile and apparel;
Conference_Titel :
Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
Conference_Location :
Deng Leng
Print_ISBN :
978-1-4577-0535-9
DOI :
10.1109/AIMSEC.2011.6009822
