摘要
对上市公司的主要财务指标与企业竞争力的关系进行了实证分析,提出了测量企业财务指标对企业竞争力影响的两个指标,这两个指标分别测量了财务指标对竞争力的总贡献与净贡献;通过分析财务指标对竞争力的总贡献与净贡献的大小,提出在我国目前阶段企业提升竞争力的现实途径应该是"先做大再做强",而不是"先做强再做大"。通过分析各财务指标间的相关关系,说明企业各财务指标对竞争力的影响不是简单的累加关系,而是通过相互之间的作用最终影响企业竞争力。
An empirical study of the influence of Chinese listed companies' financial index on competitiveness is made in this paper. Two indexes are put forward, which can measure the total and net contribution of influence on enterprise competitiveness respectively. We find that companies should pay more attention to the way of 'first to become large, then to become strong', but not of 'first to become strong, then to become large' in order to increase competitiveness. In addition, after analyzing the correlativity between different financial indexes, we find the influence of different financial indexes′ on enterprise competitiveness is not simply the result of adding each index up, but is the integrative result through effecting each other.
出处
《管理科学》
CSSCI
2004年第2期72-77,共6页
Journal of Management Science
关键词
竞争力
财务指标
上市公司
实证分析
Competitiveness
Financial indexes
Listed companies
Positive analysis
