我国创业板上市公司成长性测量

Measurement of GEM Listing Companies' Growth

上市公司的成长性是创业板市场发展的关键问题,目前涉及如何测量创业板上市公司成长性的研究在国内较少,因此,该研究具有重要的理论意义。本文旨在回答如何正确理解创业板上市公司的成长性、上市后是否存在"业绩变脸"、哪些因素会影响它的成长性等问题,这对于促进创业板健康成长,帮助投资者理性地分析和投资具有重要的实践意义。本文首先对企业"成长性"的内涵进行了完整界定,然后抽取174家公司作为研究样本进行实证研究,最后对实证结果进行分析并提出政策建议。研究得出创新是创业板上市公司发展的动力和源泉。

Growth of listed companies is the key to the development of GEM, which involves howto measure the growth of companies listed on GEM of the research is less in the domestic. Therefore, the study has important theoretical significance. This article aims to answer how to correctly understand the GEM company＇ s growth, after the lisiing of the existence of ＂performance face＂, what factors will affect its growth and other issues, which promote the healthy growth of the GEM, a rational analysis to help investors and investment has important practical significance. In this paper, Giving completely definition of enterprise ＂growth＂, then taking 174 companies as a research sample of empirical studies, Analysis and supply recommendation according to the results of empirical. Innovation is source of development of GEM listed companies.