Title :
The Comparative Research of the Listed SMEs Growth Evaluation: Evidence From Chinese Stock Market
Author :
Chen, Xiaohong ; Zhou, Ying ; She, Jian
Author_Institution :
Sch. of Bus., Central South Univ., Changsha
Abstract :
The listed SMEs are always the focus of securities market for their small capitalization. The research of the growth is the important warrant of operating capital and investing stock. The paper sets up the index system of evaluating the SMEs growth, and brings forward two models (GRA and catastrophe theory) to evaluate the growth. We have nonparametric tests to those results, and find the superiority and weak of two evaluations
Keywords :
catastrophe theory; small-to-medium enterprises; stock markets; Chinese stock market; GRA; SMEs growth evaluation; catastrophe theory; grey relation analysis; index system; investing stock; nonparametric tests; operating capital; securities market; Analysis of variance; Employment; Forward contracts; Linearity; Marketing and sales; Mathematical model; Mathematics; Security; Stock markets; System testing; catastrophe theory; growth; nonparametric tests; the listed SMEs;
Conference_Titel :
Management of Innovation and Technology, 2006 IEEE International Conference on
Conference_Location :
Singapore, China
Print_ISBN :
1-4244-0147-X
Electronic_ISBN :
1-4244-0148-8
DOI :
10.1109/ICMIT.2006.262220