The determinants of the textile and apparel enterprises' growth: An empirical research

Abstract

In this document, 53 samples were selected from the textile and apparel enterprises listing in Shanghai and Shenzhen stock exchanges. We collected the data of 2007–2009 from CCER and annual reports of the listed companies. With the data, we researched on the influence between growth determinants and other economic indicators, such as size of the firm, profitability, operational capacity, debt-paying ability, and capital structure, by hypothesis test model. Using the “main business income” as the index of the growth of enterprises, the data were processed by statistical software, such as EXCEL, SAS and SPSS. The result shows that if we sort the growth determinants of the enterprises by their influence, we can get size, management and finance capabilities in sequence.