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A Case Study On The Relationship Between Political Connection And Enterprise Growth Of AB Group

Posted on:2020-05-12Degree:MasterType:Thesis
Country:ChinaCandidate:X WangFull Text:PDF
GTID:2439330596994116Subject:Accounting
Abstract/Summary:PDF Full Text Request
At present,China is in the transition period of socialist market economy.In the process of growth,enterprises will be challenged and constrained in many aspects.First,they will be constrained by industrial policies,secondly by capital,and finally by industrial barriers.The domestic market responds quickly to the relevant policies issued by the government and relies heavily on them.And because of the existence of local public power and the intervention of the market,the rent-seeking behavior of local governments occurs.Enterprises through rent-seeking behavior,before each new policy is issued,the information superiors will be prepared in advance and obtain many conveniences.This convenience makes enterprises more dependent on policies in order to solve various constraints and challenges.Enterprises rely on some preferential policies,making financing and financing have certain convenience,which is of great significance to the development of enterprises.Therefore,a comprehensive and systematic analysis of enterprise policy dependence behavior,the incentives and reasons for enterprises to choose policy dependence slowly,and the positive and negative effects of policy dependence on enterprise growth are worth exploring.Based on the impact of policy dependence on enterprise growth and the current situation of research at home and abroad,this paper defines the concepts of enterprise growth and policy dependence,clarifies its theoretical basis,and analyses the internal and external factors affecting enterprise growth.Aiming at the influence factors of policy dependence,AB Group started from scratch and started from scratch in the early stage of the establishment of the company in 2004.Growing up as a financial giant,AB Group's series of growth,case studies,and the use of financial performance analysis methods,in the solvency,profitability,operational capacity,and development capacity of four aspects of data analysis.After quantitative analysis,we adopt the qualitative analysis method to analyze the development process of AB Group,the maximum profit source and the data of "financial insurance" of AB Group.With the analysis of the development path of AB Group,we find that policy dependence is indeed an important factor affecting the growth of enterprises.It can be said that the rise of AB Group is closely related to its policy dependence.Policy dependence makes AB Group "build tall buildings",but as the case study of AB Group deepens,we also increasingly feel the importance of core competitiveness innovation,an enterprise can not rely entirely on policy to achieve long-term prosperity.
Keywords/Search Tags:Policy dependence, Enterprise growth, AB Group
PDF Full Text Request
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