On The Influencing Factors Of The Sustainable Development Of Finance In The Coal Listed Companies

Coal, as an important energy source, plays an important role in the economic development in China. However, with the continuous growth of the national economy, the traditional development model of coal enterprises has resulted in a waste of resources and environmental destruction, and it can not meet the demand of economic development any more. The sustainable development strategy in the coal industry should be carried out without any delay. With their large scale and strong profitability, Coal listed companies plays the most important part in our country's coal industry. The study on the influencing factors of the sustainable development of finance in the coal listed companies has an significant role in solving the problems existing in the sustainable development of the coal industry in Shanxi.Based on the research results of the sustainable development at home and abroad, sustainable development theories and sustainable growth models, adopting the methord of quantitative analysis from two aspects:the macroeconomic factors and the microscopic enterprise financial factors, and using the principal component analysis for the quantitative analysis of influencing factors of the sustainable development of finance in the coal listed companies from three aspects:ability to pay debt, ability to make profit, ability to extend and the ability to run, this thesis discusses the interrelationaship and degree of influence between the influencing factors and the sustainable development. According to the results of the analysis, relevant policies and suggestions at macroscopical level and microcosmic level are proposed in this thesis in the hope of promoting the sustainable development in the coal listed companies, even in the whole coal industry.