农业上市公司经济利润增长实证分析——基于财务增长的视角  

An Empirical Analysis of Economic Profit Growth in Listed Agriculture Companies: From the Perspective of Finance Growth

作　　者：陈建[1] 李明贤[2] 

机构地区：[1]湖南财政经济学院会计系,湖南长沙410205 [2]湖南农业大学经济学院,湖南长沙410128

出　　处：《湖南科技大学学报（社会科学版）》2015年第3期116-123,共8页Journal of Hunan University of Science and Technology(Social Science Edition)

基　　金：国家社科基金一般项目(13BJL039);湖南省教育厅基金项目(Ky-Z201120);湖南省科技厅计划项目(2014FJ3059);湖南省社科基金项目(14YBA068)

摘　　要：以Higgins经典财务可持续增长的理念为基础,从财务增长视角采用STATA统计分析方法,具体分析了包括资本、收益、股权结构和治理结构等方面对农业上市公司价值(EVA)增长的影响效应,结果发现公司收益、权益资本、综合资本、最大流通股份持股和前10大股东持股比例对公司价值影响显著,而每股经营现金流、高管持股比例变动和董事会规模对公司价值影响未得到验证。最后,在实证分析的基础上提出相关政策管理建议。Based on Higgins＇ concepts of classic finance sustainable growth, this paper, from the perspective of finance growth, adopts the STATA statistical approaches to analyze the influence of capital, profit, ownership structure and governance structure over EVA growth of listed agriculture companies. Results show that corporate earnings, equity capital, comprehensive capital, maximum circulating holdings and shareholding ratio of the top 10 stock holders have a significant influence over corporate EVA, while the influence of operational cash flow per share, variation of senior executive＇s shareholding ration, and board size over corporate EVA needs to be further verified. Finally, based on the empirical analysis, this paper puts forward corresponding suggestions on policy and management.

关 键 词：农业上市公司 财务增长 经济利润 

分 类 号：F324[经济管理—产业经济]