Study On Improving Path Of Enterprise Value Based On Sustainable Growth

With the competition among enterprises becomes more and more fierce, value management has been more and more enterprises attach importance to, and become the core concept of modern enterprise management theory. The enterprise wealth depends not only on the size of the increase in corporate profits, but also depends on whether the enterprise can sustainable development, can create more value for the enterprise. In this paper, by controlling the sustainable growth index, sustainable growth as an effective bridge between a connected enterprise growth and enterprise value growth, help the company to achieve the financial strategic objectives, from the enterprise scale growth regression to the value growth of enterprise, achieve the value of enterprise sustainable created based on enterprises to maintain a healthy long-term development.This paper takes listing corporation as the object of study, the theory of sustainable growth and enterprise value as the guiding ideology, comprehensive use of comparative analysis, qualitative and quantitative research methods, empirical analysis. Firstly, based on many related literatures at home and abroad, summed up the relevance of sustainable growth and enterprise value. Secondly, from the sustainable growth index of enterprise value influence out significant indicators, to analyze the impact of the index change on the enterprise value, and the measure of enterprise value index this paper needs. Thirdly, the empirical analysis of the selected indexes, by two independent samples T test, the sustainable growth of the enterprise value of the index to find size have a significant impact, and on this basis, using SPSS software to carry out further regression on the sample data selected analysis, linear regression model at the95%level, and then draw on enterprise value changes affect the sustainable growth of the high index and corresponding influence degree. Finally, the analysis results through the construction of sustainable growth rate model, respectively on the growth rate and growth of enterprises put forward relevant countermeasures. This paper provides reference to the research results for the management of the company to choose the sustainable growth rate, and suitable for the promotion of enterprise value.