Study On The Effect Of The Retail Industry Listing Corporation Financial Information On The Stock Price

At present, China’s retail industry of 96 listed companies of the stock prices this year in 2015 generally presents the downward trend, and during this period, financial information disclosed by the listed company also exposed the enterprise’s financial situation is not ideal situation development, and the financial index is an intuitive reflect of the financial information.Then, listed companies in the retail industry in our country, the author of this paper, the research on the relationship of the accounting information and stock prices translate into financial indicators and stock price relation research.For if there is a relationship between financial indicators and stock price, there is what kind of relationship, and for what are the financial indicators the most significant impact on share price,these are all helpful for investors to make investment decisions.These are also better helpful to the researchers to retail industry the relationship between stock prices and accounting information of listed companies the improvement of the research.This article makes the investigation and empirical research of the retail industry listed companies accounting information and the relationship between the stock price from the profit ability, debt paying ability, operating ability and development ability these four aspects.In this paper, empirical research samples for 2012 to 2014 companies in the retail industry, can reflect the enterprise accounting information’s ten selected financial indicators as independent variable, and then sort out the retail industry listed company annual reports from 2013 to 2015 the previous year after being disclosed the average stock price as the dependent variable.Then this article uses classical multivariate regression model for empirical analysis,and we know that:there is a significant statistical correlation between the accounting information an stock prices, including earnings per share, total asset turnover, main business revenue growth rate and growth rate of total assets of the four financial indicators of retail industry had a great effect on the stock prices of listed companies.