Empirical Study Of Sustainable Growth And Values-Increase Of Corporations

With the rapid development of capital market, maintaining the sustainable growth of enterprise has becomes more and more important as a strategic idea. In recent years, the bankrupt firms for fast growth almost to those for development lag. We realize the sustainable growth in enterprise's Value rests with the Value-creation capability. This dissertation argues the influence to the Value—creation capability from the strategically decision-making, indicates that there are remarkable correlativity's between the sustainable growth in enterprise's value and the strategically decision-making. It has been the core of the enterprise growth strategy management to cope with the relation between real growth, sustainable growth and value increase.This paper includes five parts. The main content and structure are as follows:In the first part, this article describes the research background and significance of research methods and ideas, in the current domestic and foreign, to carry out the review of the Literature about the sustainable growth of business theory, one part of the domestic research includes the mind on sustainable development, the research summary of sustainable growth theory.The second part of the article, part of the theory on the sustainable growth of enterprises related to the theory, introduced the model of sustainable growth, then comment the sustainable growth model of the enterprises briefly, pointed out the relationship between the different model of sustainable growth. Then introduce the connotation of value-increase.Third part is on the basis of the second part, Analysis the comprehensive of factors from the external factors and internal factors which about the impacting of the sustainable growth of the business detailed. Introduce the design and analysis of algorithms about EVA.The fourth part is the empirical research which is the part of the choice of China shenzhen A—stock 591 listed companies as samples, with three sustainable growth model, and use the T-means tested and logistic regression statistics to find out the relationship between sustainable growth and EVA.The last part of this article is pointed out that the contribution to the study, as well as inadequate.