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The Influence Research Of Owner's Benefit Based On The Leading Enterprise's Profitability In Chengdu

Posted on:2011-01-27Degree:MasterType:Thesis
Country:ChinaCandidate:Z ChengFull Text:PDF
GTID:2189360308972293Subject:Agricultural Economics and Management
Abstract/Summary:PDF Full Text Request
It relate to an industry grows strong that whether the rich man is willing to invest (be a shareholder), especially China's agricultural industry's development. As the world third biggest economic entity and large agricultural nation, why did China lack the shareholder who wants to invest the agriculture truly? The key lies in whether the investment in agriculture can bring the essential repayment for the shareholder.The article takes 32 leading enterprise in Chengdu as the studying object. And the author collects 2007 and 2008's correlation data systematically. Then choosing return on equity the most comprehensive index as explained variable, the main business service profit margin etc. eight indexes as explaining variable to establish the multiple regression equation and conduct the demonstration study.The demonstration study conclusion is:①The complete property profit margin, the tax preference, the research and development expense, lead the peasant household to make a benefit and the leading enterprise owner's benefit are not remarkable related;②The main business service profit margin, the cost expense profit margin, the enterprise size and the leading enterprise owner's benefit present correlational dependence;③The sale cash ratio and the leading enterprise owner's benefit show the inverse correlation relations.It conforms to the general research conclusion that the main business service profit margin, the cost expense profit margin, the enterprise size and the leading enterprise owner's benefit present correlational dependence. The complete property profit margin and the leading enterprise owner's benefit isn't remarkable; Possibly because the enterprise assets utilization ability isn't good performance. The tax preference and the leading enterprise owner's benefit isn't remarkable related. This means the tax preference doesn't stimulate property owners to increase investment in agriculture enough. The research and development expense and the leading enterprise owner's benefit aren't connection strongly shows the product technique content are not high enough; Leads the peasant household to make a profit ability and the leading enterprise owner's benefit are not remarkable related, that means degree of contact between the two are not close. The sale cash ratio and the leading enterprise owner's benefit inverse correlation means that enterprise's profit quality is not good.In view of the research conclusion and the explanation, the article proposed measures and suggestions for upgrading of the leading enterprise owner's benefit in Chengdu, as follows:①Strengthens the financial control, perfect the control system;②Adjust the structure of capital, reduce money's cost;③Strengthens the account receivable funds management, improve the income quality;④Cultivation enterprise core competitiveness, give prominence to the characteristic;⑤Sharpens the property utilization ability, reduce middle loss;⑥Promote technological element, increases the product added value;⑦Close peasant household's relationship, establish benefit community;⑧Protect and develop the tax system of agriculture;⑨Dig more agriculture tax preference.
Keywords/Search Tags:Chengdu, leading enterprise, owner's benefit, multiple regression, policy recommendations
PDF Full Text Request
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