CAJ | 학술논문

本文以新疆29家上市公司为研究对象，运用因子分析法对不同行业板块下的上市公司扩张能力的影响因素进行了实证研究，结果发现，企业协调、盈利、人力资本、创新以及市场开拓能力等五个因素对不同行业的企业扩张力有着不同的影响。其中，协调能力对农林牧渔业的扩张能力影响最大；盈利能力对建筑建材业影响最大；人力资本状况、创新能力和市场开拓能力对电力及电力设备行业影响最大。在综合扩张能力方面，电力及电力设备业最强，后面依次是建筑建材、采掘业、农林牧渔业和制造业。
본문이신강29가상시공사위연구대상，운용인자분석법대불동행업판괴하적상시공사확장능력적영향인소진행료실증연구，결과발현，기업협조、영리、인력자본、창신이급시장개탁능력등오개인소대불동행업적기업확장력유착불동적영향。기중，협조능력대농림목어업적확장능력영향최대；영리능력대건축건재업영향최대；인력자본상황、창신능력화시장개탁능력대전력급전력설비행업영향최대。재종합확장능력방면，전력급전력설비업최강，후면의차시건축건재、채굴업、농림목어업화제조업。
This paper takes 29 listed companies Xinjiang as research objects and uses factor analysis to make an empirical analysis of factors influencing the listed company ＇ s expansion ability under different industries sectors. We find that the five indexes of the listed company ＇ s expansion ability have different influences to different industrial enterprises. Among them, the coordinated abil- ity has the biggest influence to the expansion ability of the animal husbandry and fishery, profit ability to building the biggest in- fluence building materials industry, the human capital situation, innovation ability and market to develop the capacity of power and power equipment industry impact. In the comprehensive expansion ability, power and electric power equipment industry, in turn, is the strongest behind architectural building materials, mining, agriculture, forestry, animal husbandry and fishery industry.