The Study On The Effect Of Development Level Of Listed Companies In Northeast China On The Regional Economy

Scholars mainly study on the operating conditions of listed companies in Northeast China and the relations between listed companies and industrial structure.The data they used was out of date,and few scholars explore the effect of listed companies in Northeast China including three provinces,Jilin,Liaoning and Hei Longjiang,on the regional economy.Firstly,this paper introduces the theory about how the listed companies promote the regional economic growth.Secondly,this paper analyzes the status quo of listed companies in Northeast China and the current economic situation of the three provinces.And finally,this paper studies the effect of listed companies in Northeast China on the regional economy.The results show that a number of economic indicators of the three northeastern provinces decline in varying degrees from 2015.So the economic situation is not optimistic.Since 1992,the number and the scale of the listed companies in Northeast China have continued to expand.Also,from 2012 to 2015,the main business profitability of the listed companies in the three northeastern provinces continues to increase,but the efficiency of self-financing decreases.The improvement of operating performance of listed companies in Northeast China has a significant positive impact on the regional economic growth,but the increase of the scale does not have the same positive effect on the regional economic growth as the improvement of operating performance.