Our Gem Listing Corporation Growth, Profitability And Value Creation

With the rapid development of computer technology in foreign countries and theimpact of the domestic market economy, a number of high-tech emerging enterprises arealso the rapid development. Because these enterprises in the start-up phase, with highinstability and risk, investment and financing difficulties exist in the process ofdevelopment. China Venture Board created is emerge in this background. Therefore, theGEM market positioning for the high-tech enterprises with high growth of service. Someenterprises in order to financing needs, the blind pursuit of high growth, and theenterprise’s goal is to create value. The rapid growth of the enterprise can bring maximumvalue for the enterprise, enterprise’s profit ability is that enterprises have realized the goalof maximizing the value of, The study of these problems is conducive to the healthydevelopment of China’s growth enterprise market of listing Corporation.Growth, profitability and value to China’s growth enterprise market of listingCorporation this empirical research using the method to create the relationship between thethree studies. To define the use of factor analysis method to the enterprise growth andprofit of two variables. First, descriptive statistics, statistical results show that dopioneering work board the company after the listing of its growth and profit are differentdegrees of decline, and the creation of enterprise value is increased, which is not a positivechange indicates the relationship. Then divided the sample into high growth and lowgrowth of two groups of packet inspection. Finally, using multiple linear regression ofhypothesis testing, results showed that higher growth, the stronger the enterprise’s profitability. In addition to the slow growth of enterprises, its value increase obviously withincreasing growth. But for the growth enterprise market of listing Corporation tohigh-speed growth, the pursuit of high growth, not enhance corporate value creation ability.With the GEM Listing Corporation profitability enhancement, the enterprise value has notincreased but decreased.