| In June 2016,China implemented a layer-by-layer management approach on the New Third Board,dividing all enterprises in the segment into two types,one for innovation and the other for the foundation for the purpose of resolving the listed companies in the New Third Board The number is too large,regulatory difficulties,irrational allocation of resources,good and bad business growth issues.Nowadays,as the number of newly listed companies in the new three-board market continues to soar,the number of new-found companies and basic-level enterprises are all pursuing the rapid growth of the enterprises.To study the difference of the growth level of the new three innovation companies and the basic enterprises under the background of the hierarchical management and the reasons for their formation and to understand the growth path of enterprises at different levels under the background of the hierarchical management is helpful for the enterprises in planning the development strategy and perfecting the new three components Management system.This article chooses the software and information technology service enterprises that account for nearly half of the industry in the new three-board market as the research object.The selection of the time node is limited to the enterprises that landed in the new three boards in 2014.This paper mainly explores the following three issues:(1)how the growth of the new three-tier companies in the context of tiered management is;(2)what are the factors that contribute to the growth differences between the innovation and basic industries;(3)In the background,what are the factors that affect the growth of the new three-board enterprise and the mechanism of the relationship between the management by layers and the growth of the new three-board enterprise? First of all,on the basis of studying the related concepts,theoretical basis and literature review at home and abroad,this paper uses the factor analysis method to calculate the level of growth of the new three-board enterprise,and then uses the multiple linear regression model to analyze the factors of the hierarchical management and the growth of the new three-board enterprise Theoretical and empirical analysis of the impact of sexuality,including the first study of innovative enterprises,and then the research of the underlying enterprises,the final conclusion of this paper is the background of hierarchical management led to the growth of innovative enterprises and the underlying business growth The main reason for the difference in the level of sex is due to the difference in cash status,innovation ability and profitability among the enterprises.In addition,this article also finds that the difference between the management cost and the growth rate of the management by the stratified management to the innovation-level enterprises and the basic-level enterprises Not obvious.The innovation point of this paper is to study the growth of the enterprises in the new Third Board market from the perspective of hierarchical management.The horizontal comparison between the innovation layer and the basic layer enterprises is conducted to find out the reasons for the differences in the level of growth,Enterprises avoid falling into the base layer to provide suggested countermeasures and provide planning strategies for the base level enterprises to enter the innovation layer. |
