The Empirical Study on the Development of Listed Private Enterprises in Hubei Province

Kexin Wang

doi:doi:10.11648/j.ijber.20200906.11

| Peer-Reviewed

The Empirical Study on the Development of Listed Private Enterprises in Hubei Province

Kexin Wang

Published in International Journal of Business and Economics Research (Volume 9, Issue 6)

Received: 28 September 2020 Accepted: 22 October 2020 Published: 11 November 2020

Views: Downloads:

Download PDF

Share This Article

Twitter
Linked In
Facebook

Abstract

In recent years, with the deepening of economic system reform, private enterprises have become an important force to promote the rapid development of Hubei economy. This article based on the research of 56 Hubei private enterprises listed in A-Share market, finding that the listed private enterprises in Hubei concentrate in developed areas, and most of them are labor-intensive enterprises. The overall scale of these enterprises is growing rapidly, but the profitability needs to be improved. The tax burden is not significantly reduced, and many factors restrict the tax reduction policy; the overall financial situation is poor, and there are large differences among industries. Therefore, enterprises should speed up the upgrading and transformation to improve their market competitiveness. The government should carefully study and formulate incentive and support policies suitable for different enterprises and industries, accelerate the development of listed private enterprises in Hubei Province, and at the same time continue to improve the tax system reform and optimize tax behavior, so as to further reduce the tax burden of private enterprises.

Published in	International Journal of Business and Economics Research (Volume 9, Issue 6)
DOI	10.11648/j.ijber.20200906.11
Page(s)	364-374
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Hubei, Listed Private Enterprises, Development Ability

References

[1]	Huiyi Zhang, Lei Du. Innovation driven, the role of government and the development of private economy-- Threshold effect analysis based on data of 30 provinces and cities in China [J]. Journal of Henan Normal University (PHILOSOPHY AND SOCIAL SCIENCES EDITION). 2019 (7): 39-45.
[2]	Jia Qi. Policy thinking of promoting high quality development of private enterprises in China-- Analysis on the effect of the support policies for Dengling Enterprises [J]. Learning and Practice.
[3]	Junjie Sun, Fei Peng. An empirical test on the influence of financial development and R & D investment on the financing ability of private enterprise s [J]. Statistics and decision making.
[4]	Wujing Zheng. Five paths and opportunities for high quality development of private enterprises in the new era [J]. JOURNAL OF GUANGXI UNIVERSITY FOR NATIONALITIES (PHILOSOPHY AND SOCIAL SCIENCES).
[5]	Yue Wang, Chengyun Wang. Spatial temporal evolution and influencing factors of China's top 500 private enterprises [J]. Research on world geography.
[6]	Gongxiang Hong, Qingqing Gu, Meisheng Dong. Theoretical and empirical research on the symbiotic development of state owned economy and private economy -- Based on the provincial panel data of China from 2000 to 2015 [J]. Political Economy Review.
[7]	Qian Dong. Research on the influence of private enterprises on the development of urbanization in China-- Based on optimized vector autoregressive model [J]. Economic management in East China. 2018 (11): 180-184.
[8]	Han Yu, Zhonglun Yang, Zengji Song. Can state-owned equity bring benefits to private enterprises?-- An empirical study on Chinese Listed Companies [J]. Financial research. 2017 (4): 109-119.
[9]	Haibing Wang, Huixin Yang. 40 years of reform and development of China's private economy: review and Prospect [J]. Economic and management research. 2018 (4): 3-14.
[10]	Yunfei Bai, Yan Luan. Comparison of the contribution of human capital to economic growth between private enterprises and non private enterprises [J]. Statistics and decision making. 2019 (16): 181-184.
[11]	Linxin Wang, Chuan Zuo. The symbiotic development relationship between state owned economy and private economy [J]. Fudan Journal (SOCIAL SCIENCE EDITION). 2019 (4): 159-168.
[12]	Qianling Shen. Financial market competition, corporate governance and the growth of Chinese private enterprises: a cross level model [J]. Journal of Yunnan University of Finance and Economics. 2018 (4): 56-69.
[13]	John Kuada. Private Enterprise-Led Economic Development in Sub-Saharan Africa [M]. Palgrave Macmillan. 2015.
[14]	James R. Barth, Dongyun Lin, Keven Yost. Small and Medium Enterprise Financing in Transition Economies [J]. Atlantic Economic Journal. 2011 (39): 19-38.
[15]	Jun-Hwan Park, Bangrae Lee, Yeong-Ho Moon, Lee-Nam Kwon. Study for Selection of Industrial Areas Suitable to Small and Medium-Sized Enterprises (SMEs) in Korea [J]. Technology, Market and Complexity. 2016 (12): 2-19.
[16]	Elaine Conway. Engaging Small and Medium-Sized Enterprises (SMEs) in the Low Carbon Agenda [J]. Energy, Sustainability and Society. 2015 (12): 5-32.

Cite This Article

Plain Text BibTeX RIS

APA Style

Kexin Wang. (2020). The Empirical Study on the Development of Listed Private Enterprises in Hubei Province. International Journal of Business and Economics Research, 9(6), 364-374. https://doi.org/10.11648/j.ijber.20200906.11

Copy | Download

ACS Style

Kexin Wang. The Empirical Study on the Development of Listed Private Enterprises in Hubei Province. Int. J. Bus. Econ. Res. 2020, 9(6), 364-374. doi: 10.11648/j.ijber.20200906.11

Copy | Download

AMA Style

Kexin Wang. The Empirical Study on the Development of Listed Private Enterprises in Hubei Province. Int J Bus Econ Res. 2020;9(6):364-374. doi: 10.11648/j.ijber.20200906.11

Copy | Download

@article{10.11648/j.ijber.20200906.11,
  author = {Kexin Wang},
  title = {The Empirical Study on the Development of Listed Private Enterprises in Hubei Province},
  journal = {International Journal of Business and Economics Research},
  volume = {9},
  number = {6},
  pages = {364-374},
  doi = {10.11648/j.ijber.20200906.11},
  url = {https://doi.org/10.11648/j.ijber.20200906.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20200906.11},
  abstract = {In recent years, with the deepening of economic system reform, private enterprises have become an important force to promote the rapid development of Hubei economy. This article based on the research of 56 Hubei private enterprises listed in A-Share market, finding that the listed private enterprises in Hubei concentrate in developed areas, and most of them are labor-intensive enterprises. The overall scale of these enterprises is growing rapidly, but the profitability needs to be improved. The tax burden is not significantly reduced, and many factors restrict the tax reduction policy; the overall financial situation is poor, and there are large differences among industries. Therefore, enterprises should speed up the upgrading and transformation to improve their market competitiveness. The government should carefully study and formulate incentive and support policies suitable for different enterprises and industries, accelerate the development of listed private enterprises in Hubei Province, and at the same time continue to improve the tax system reform and optimize tax behavior, so as to further reduce the tax burden of private enterprises.},
 year = {2020}
}

Copy | Download

TY  - JOUR
T1  - The Empirical Study on the Development of Listed Private Enterprises in Hubei Province
AU  - Kexin Wang
Y1  - 2020/11/11
PY  - 2020
N1  - https://doi.org/10.11648/j.ijber.20200906.11
DO  - 10.11648/j.ijber.20200906.11
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 364
EP  - 374
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20200906.11
AB  - In recent years, with the deepening of economic system reform, private enterprises have become an important force to promote the rapid development of Hubei economy. This article based on the research of 56 Hubei private enterprises listed in A-Share market, finding that the listed private enterprises in Hubei concentrate in developed areas, and most of them are labor-intensive enterprises. The overall scale of these enterprises is growing rapidly, but the profitability needs to be improved. The tax burden is not significantly reduced, and many factors restrict the tax reduction policy; the overall financial situation is poor, and there are large differences among industries. Therefore, enterprises should speed up the upgrading and transformation to improve their market competitiveness. The government should carefully study and formulate incentive and support policies suitable for different enterprises and industries, accelerate the development of listed private enterprises in Hubei Province, and at the same time continue to improve the tax system reform and optimize tax behavior, so as to further reduce the tax burden of private enterprises.
VL  - 9
IS  - 6
ER  -

Copy | Download

Author Information

Kexin Wang

Business School, Manufacturing Industry Development Research Center on Wuhan City Circle, Jianghan University, Wuhan, China

Download PDF

Sections

Plain Text BibTeX RIS

APA Style

Kexin Wang. (2020). The Empirical Study on the Development of Listed Private Enterprises in Hubei Province. International Journal of Business and Economics Research, 9(6), 364-374. https://doi.org/10.11648/j.ijber.20200906.11

Copy | Download

ACS Style

Kexin Wang. The Empirical Study on the Development of Listed Private Enterprises in Hubei Province. Int. J. Bus. Econ. Res. 2020, 9(6), 364-374. doi: 10.11648/j.ijber.20200906.11

Copy | Download

AMA Style

Kexin Wang. The Empirical Study on the Development of Listed Private Enterprises in Hubei Province. Int J Bus Econ Res. 2020;9(6):364-374. doi: 10.11648/j.ijber.20200906.11

Copy | Download

@article{10.11648/j.ijber.20200906.11,
  author = {Kexin Wang},
  title = {The Empirical Study on the Development of Listed Private Enterprises in Hubei Province},
  journal = {International Journal of Business and Economics Research},
  volume = {9},
  number = {6},
  pages = {364-374},
  doi = {10.11648/j.ijber.20200906.11},
  url = {https://doi.org/10.11648/j.ijber.20200906.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20200906.11},
  abstract = {In recent years, with the deepening of economic system reform, private enterprises have become an important force to promote the rapid development of Hubei economy. This article based on the research of 56 Hubei private enterprises listed in A-Share market, finding that the listed private enterprises in Hubei concentrate in developed areas, and most of them are labor-intensive enterprises. The overall scale of these enterprises is growing rapidly, but the profitability needs to be improved. The tax burden is not significantly reduced, and many factors restrict the tax reduction policy; the overall financial situation is poor, and there are large differences among industries. Therefore, enterprises should speed up the upgrading and transformation to improve their market competitiveness. The government should carefully study and formulate incentive and support policies suitable for different enterprises and industries, accelerate the development of listed private enterprises in Hubei Province, and at the same time continue to improve the tax system reform and optimize tax behavior, so as to further reduce the tax burden of private enterprises.},
 year = {2020}
}

Copy | Download

TY  - JOUR
T1  - The Empirical Study on the Development of Listed Private Enterprises in Hubei Province
AU  - Kexin Wang
Y1  - 2020/11/11
PY  - 2020
N1  - https://doi.org/10.11648/j.ijber.20200906.11
DO  - 10.11648/j.ijber.20200906.11
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 364
EP  - 374
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20200906.11
AB  - In recent years, with the deepening of economic system reform, private enterprises have become an important force to promote the rapid development of Hubei economy. This article based on the research of 56 Hubei private enterprises listed in A-Share market, finding that the listed private enterprises in Hubei concentrate in developed areas, and most of them are labor-intensive enterprises. The overall scale of these enterprises is growing rapidly, but the profitability needs to be improved. The tax burden is not significantly reduced, and many factors restrict the tax reduction policy; the overall financial situation is poor, and there are large differences among industries. Therefore, enterprises should speed up the upgrading and transformation to improve their market competitiveness. The government should carefully study and formulate incentive and support policies suitable for different enterprises and industries, accelerate the development of listed private enterprises in Hubei Province, and at the same time continue to improve the tax system reform and optimize tax behavior, so as to further reduce the tax burden of private enterprises.
VL  - 9
IS  - 6
ER  -

Copy | Download