摘要
针对A股上市公司高科技行业的研发投入、融资能力对公司财务绩效的影响情况进行研究,以2016-2018年121家A股上市高科技企业作为样本,采用研发投入强度、科技投入费用、企业成长能力、企业规模作为衡量企业研发投入力度与融资能力的自变量,主营业务收入作为衡量企业财务绩效的因变量,构建了A股上市公司高科技行业多元线性回归模型,进行建模分析。在此基础上进行了模型拟合程度检验,并结合分析结果针对现阶段A股上市高科技行业未来发展提出了相应的建议。
This paper studies the impact of R&D investment and financing capacity of A-share listed companies on their financial performance,taking 121 A-share listed high-tech enterprises in 2016-2018 as samples.Using R&D investment intensity,technology investment cost,enterprise growth ability and enterprise scale as independent variables to measure the R&D investment intensity and financing ability of enterprises,and main business income as dependent variables to measure the financial performance of enterprises.A multi-element linear regression model of A-share listed companies in high-tech industry is constructed and analyzed.On this basis,the degree of model fitting is tested,and the corresponding suggestions and measures for the future development of A-share listed high-tech industry are put forward based on the analysis results.
作者
秦仕伟
赵宝福
QIN Shiwei;ZHAO Baofu(School of Business Administration,Liaoning Technical University,Huludao 125105,China)
出处
《辽宁工程技术大学学报（社会科学版）》
2020年第6期427-436,共10页
Journal of Liaoning Technical University(Social Science Edition)
关键词
上市高科技行业
研发投入
融资能力
财务绩效
listed high-tech industry
R&
D investment
financing ability
financial performance
