Research on the Influencing Factors of Listed Chinese Medicine Enterprises Value——Empirical Test Based on Structural Equation Model
Based on structural equation model and financial data from 2017 to 2021,this paper empirically analyzed the factors influencing the enterprise value of listed Chinese medicine companies in Shanghai Stock Exchange and Shenzhen Stock Exchange.The research shows that the debt paying ability,profitability,operation ability,development ability and innovation ability of Chinese medicine listed enterprises are significantly positively correlated with the enterprise value.It is suggested that Chinese medicine listed enterprises optimize their capital structure and improve their solvency;improve asset management level,improve profitability;strengthen the asset operation turnover speed,improve the operation capacity;enhance the core competitiveness,improve the development ability;strengthen innovation awareness and research and development investment,improve innovation ability,so as to promote enterprises to further grow bigger and stronger.
homogeneityenterprise valuelisted Chinese medicine companiesstructural equation modeling
NETL
NSTL
万方数据
