CAJ | 학술논문

文章以目前我国证券市场上市的10家酒店及餐饮类公司为研究对象,应用面板数据模型,发现此类上市公司财务业绩与企业价值之间存在着显著的关联性,并且部分财务指标对企业价值具有显著影响。这一研究结果对酒店、餐饮企业的财务及经营管理,对投资者的投资决策,以及对我国证券市场的建设与发展具有一定的参考价值。
문장이목전아국증권시장상시적10가주점급찬음류공사위연구대상,응용면판수거모형,발현차류상시공사재무업적여기업개치지간존재착현저적관련성,병차부분재무지표대기업개치구유현저영향。저일연구결과대주점、찬음기업적재무급경영관리,대투자자적투자결책,이급대아국증권시장적건설여발전구유일정적삼고개치。
The paper,with currently ten listed hotels and catering companies in China＇s security market as study object and by adopting panel data model,finds that there exists significant interrelationship between financial performance of these listed companies and enterprise value and part of financial indexes have significant impact on enterprise value.The result of this study is of certain referential value to the financial and operational management of hotels and catering businesses and to the investing decision-making of investors as well as the construction and development of China＇s security market.