Research On The Growth And Its Influencing Factors Of Food And Beverage Industry Listed Companies

The Food and Beverage Industry has a close relation with people’s quality of life and healthy level, and the development of the food and beverage industry has also led to the joint development of related industries such as wholesale and retail trade, tourism, packaging industry, mechanical transport industry and culture industry. However, the domestic food and beverage industry faces large opportunities and challenges,because many foreign food and beverage companies have been pouring into the Chinese and occuping the Chinese consumer market, so this article has a very important theoretical and practical significance through evaluating integrated the growth of domestic food and beverage industry and researching its influencing factors.The first part of this paper described the background and significance of the study, research contents, research methods and innovation of this paper; the second part reviewed the research literature at home and abroad about business growth and its influencing factors; the third part analyzed the basic situation and development status of our country listed companies of the food and beverage industry; the fourth part used the entropy method to evaluate integrated the growth of domestic food and beverage industry by selecting five growth indicators consist of the growth rate of total assets,the growth rate of net assets, main business’s increasing rate of income, main business’s increasing rate of profit, the growth rate of net profit;the fifth section analyzed the external and internal growth influencing factors of food and beverage industry listed companies,the factors include the policies and laws, macroeconomic, social and cultural, technological environment, natural environment, geographic region, financial condition, firm size, ownership structure, innovation, the quality of management and staff,corporate governance structure.At the same time, the fifth Part made an empirical analysis for the growth impact factors of the food and beverage industry listed companies.The concrete steps was selecting the corresponding23indicators for carrying on Factors Analysis to extract principal component and then carrying on the multiple linear regression analysis. We find that the growth score of the food and beverage industry in China listed companies is generally low, and the growth development is uneven, but the overall trend is upward. In the analysis of influencing factors, we find the growth is positively correlated with profitability, ability to sell, technical innovation,and the influence is significantly. Finally, according to the empirical results, this paper proposes suggestions to improve the growth of food and beverage industry listed companies consist of responding effectively to the external environment,expanding the firm scale moderate and improving economic efficiency,improving the overall quality of employees and increasing sales capacity,innovating and cultivating the core competitiveness.