Research On The Impact Of The Size Of Listed Companies On Regional Economic Growth Rate

The rapid development of economic globalization has gradually improved China's market economic system and the gradual growth of the capital market,which has promoted the development of the shareholding system economy.The number of listed companies in China has gradually changed from the first dozen to more than 3,000,and the market value has gradually expanded.The capital market has become an important part of the Chinese market economy,and listed companies,as the main players in the capital market,are superior to other economic participants in resource allocation,management innovation,and fund raising.The advantages of listed companies make them play an important role in the development of regional economy.As one of the core provinces of the national eastern strategy,Jiangsu Province has a relatively developed economy,but the economic development gap between cities in the province is large.The urban economic intensity of the three districts of southern Jiangsu,Central Jiangsu and North Jiangsu showed a stepped state of decreasing.Although the total number of listed companies in Jiangsu Province ranks third in the country,the listed companies in Jiangsu Province are unevenly distributed.Compared with southern Jiangsu in the two regions of Central Jiangsu and Northern Jiangsu,the capital market is relatively small,and the industrial structure and development speed are relatively small.Not enough.In view of these problems,this paper will explore the increase of the number of listed companies in Jiangsu and the improvement of the quality of listed companies on the regional economic development through the combination of theory and empirical methods.This paper takes 402 listed companies in Jiangsu as the research sample.Firstly,from the perspective of scale,the relevant economic indicators are used to compare and analyze the economic situation of Jiangsu Province and the development status of listed companies in Jiangsu Province in the major provinces of the Yangtze River Delta.Secondly,the explanatory variables are selected from the aspects of the number of listed companies in Jiangsu Province,the scale of assets,the scale of income and the scale of employment.The regression equation is established to describe the influence of explanatory variables on the growth rate of GDP in Jiangsu Province.Thirdly,on the basis of the above analysis,Jiangsu is further divided into three areas: southern Jiangsu,Central Jiangsu and North Jiangsu.The analysis of the influence of the size of the listed companies in the three districts on the economic growth rate of Jiangsu Province shows that the economic growth rate in Jiangsu needs to be encouraged.The listing of high-tech companies,policy guidance,listed companies to rationally layout the industry,improve the quality of listed companies,promote the sharing of internal resources of listed companies and strengthen the construction of listed companies,and so on,and hope to promote the size of listed companies through various aspects The promotion will support the future development of Jiangsu.