Research On Business Performance’s Influencing Factors Of Listed Companies Of Equipment Manufacturing Industry

Equipment manufacturing industry is the backbone of the national economy, as strategicindustry, is the core and foundation of the entire industry. Equipment manufacturing industryprovides production necessary technical equipment for every industry, greatly promote technicalinnovation and technological progress of other industries. With the pace acceleration of China’sintegration into economic globalization, improve business performance and competitiveness ofequipment manufacturing industry have been pressing, especially as listed companies of mainforce this industry, which are directly related to our core competitiveness. Therefore, upgradingbusiness performance level of listed companies of equipment manufacturing industry is animportant issue at the present stage.From national conditions, based on the relevant literature home and abroad, it summarized acomprehensive performance theory, combination of characteristics and development ofequipment manufacturing industry, analyzed performance’s influencing factors of listedcompanies of equipment manufacturing, proposed hypotheses, selected variables,using DEAanalyzed performance level did not achieve desired result, put operating efficiency as dependentvariable to build model, used Eviews6.0to28samples of listed companies for empirical analysis,from the macro and micro level, in-depth analysis of business performance’s impact extent anddirection of the macroeconomic factors, internal governance factors, technical and regionalenvironmental factors.Finally, empirical analysis performance’s influencing factors, then itproposed to improve business performance’s policy recommendations of listed companies ofequipment manufacturing industry to achieve desired performance.Objective, scientific and effective research on business performance of China’s equipmentmanufacturing industry and taking reasonable and effective strategies could enhance thecompetitive advantage of manufacturing equipment industry, obtain best economic value, topromote the governance and operation’s effective implementation of listed companies of China’sequipment manufacturing industry, in order to better promote economic growth.