The Empirical Research On The Influence Factors Of The Growth Potential Of The Small And Medium-Sized Board Listed Company

Small and medium-sized enterprise development is China’s "Eleventh Five-Year Plan" period an important part of economic developmentof the national economy, and small and medium-sized enterprise in the position and function are becoming more and more important. The "Twelfth Five-Year Plan" compared to "Eleventh Five-Year Plan" will further solve the financing and reduce the burden of small and medium enterprise, including the expansion of small and medium-sized enterprises in financing debt collection pilot project, the focus on reducing the burden in tax cuts and relief is administrative fees. In " Twelfth Five-Year Plan" period, the government will lead to small and medium-sized enterprises each field around on the layout of the upstream and downstream of the leading enterprise, especially the characteristics of professional market. The government will establish cooperation platform on which to solve the development of small and medium-sized enterprises facing difficulties. Small and medium-sized enterprise board was established in2004in shenzhen stock exchange. Until2011, it has gone seven years. Form38listed companies in2004to532listed companies in2010, the board size of small and medium-sized enterprise is increasing. Small and medium enterprise board has become a major platform to solve the financing difficulties.The company’s growth has been a topic company management and market investment, growth is the soul of the company and the life of the stock market. It is a very important index to measure the listed company management state and the prospects of development. The small and medium-sized enterprise board listed company as outstanding representatives, their growth related to the development of small plates listed the pros and cons. Small plates listed company, because of their relatively small size of the equity securities market, has been the object of interest to study its operations. However, in the context of the current financial crisis, small plates listed on the company’s growth problem becomes more prominent, small plates listed on the company’s growth is influenced by many factors and these factors hinder the healthy development of small and medium-sized enterprise. Therefore, strengthens to the small and medium board listed company growth and influence factors of research, to small and medium-sized board listed company development put forward the corresponding proposal has important theoretical and realistic significance.Based on the above background, this paper follows the theoretical analysis, empirical testing and recommendations of the basic ideas, the content of this research will be broadly divided into five parts, as follows:The first part is the introduction part of this article, including background and research topics of significance, literature review, research content, research methods and innovation of this paper. This is the first chapter of this article.The second part introduces the theoretical basis of the company’s growth, and is also the theoretical basis of this writing. This part mainly introduces the theory of business growth and the company’s life cycle theory. This is the second chapter of this paper, using the standard analytical methods.The third part analyzes the small board listed company and its growth influence factors,. First of all, the concepts were introduced, such as the company’s growth and small board of listed companies. Second, according to launch date, industry distribution and regional distribution of different, it analyzes the listed company for small and medium-sized board. Finally, from the company’s competitiveness, the company’s growth potential and corporate environment supportive of small plates listed three factors affecting the company’s growth were analyzed. This is the third article of the chapter, using standard analytical methods.The fourth part is the part of empirical research, and also is the focus of this part. First, this paper puts forward the research hypotheses, then study design, and finally, use of SPSS statistical software for empirical analysis, including explanatory variables and the explanatory variables of the descriptive analysis, factor analysis of the explanatory variables, to extract common factors as the independent variable on the dependent variable for regression analysis.The fifth part is the concluding part of this article. Through empirical analysis results, it indicates that some conclusions, and based on which, puts forward policy suggestions and the deficiency of this paper. This is the fifth chapter in this paper.