An empirical study on growth of the Small and Medium Listed Enterprise in China

摘要

In this paper, we did an empirical analysis on growth of enterprise and relevant financial indicators by using the latest annual report of the Small and Medium Listed Enterprise panel data. Regression results show that the total assets on return and earnings per share are positively related to company's growth; the current ratio and the fixed assets ratio are significantly negatively related to the company's growth. The Small and Medium Listed Enterprise (SME)'s growth is closely affected by profitability, followed by debt paying ability.