Study On The Performance Forecast Quality And Its Influencing Factors Of Manufacturing Listed Companies In The Growth Enterprise Market

With the rise of the GEM,more and more investors began to pay attention to it and began to consider investing in relevant listed companies.Therefore,the healthy and stable development of the GEM market is of great significance to investors.According to the requirements of the GEM listing,large fluctuations in performance and poor performance persistence have become the norm for many GEM listed companies which in the high-speed development stage under normal circumstances.GEM investors have greater demand for performance information,and the performance forecast system is suitable.For GEM market.The management of the company is the actual operator of the company.It knows the company’s actual situation and its published performance forecast is more valuable to relevant investors.China is a big manufacturing country,manufacturing enterprises occupy a dominant position in the GEM,and manufacturing enterprises are the mainstay of China’s national economy.Based on this,this thesis studies the current status of the performance of China’s GEM manufacturing listed companies and analyzes factors influencing performance forecasts from multiple perspectives.This thesis attempts to explore the influencing factors of the forecast quality for listed companies in the GEM manufacturing industry.Firstly,it introduces the relevant research background,research purpose and significance,expounds the research content and research technology roadmap of this thesis.Review and comment on domestic and foreign literatures related to the factors affecting the quality of performance forecast and quality forecast of listed companies in the GEM manufacturing industry.Secondly,it introduces the theoretical basis and core concepts related to the research questions in this thesis.Thirdly,it puts forward the research hypothesis and constructs the corresponding model.Based on the previous theoretical analysis,the thesis framework is determined,hypothesis proposed,variable designed,sample selection and model construction carried out.Finally,based on the above theoretical analysis and empirical research results,the feasibility recommendations and further research directions are proposed.In summary,this thesis studies the relationship between internal control and other factors and the quality of performance forecast based on the financial data of listed companies in China’s GEM manufacturing industry.The findings of this thesis:(1)The quality of internal control is positively correlated with the quality of performance forecast;(2)Corporate profitability is positively correlated with the quality of performance forecast;(3)Management capacity is positively correlated with the quality of performance forecast;(4)Financial risk has no adjustment effect on the positive correlation between internal control quality and accuracy,management ability and precision,and has a regulatory effect on other dimensional relationships.The relevant conclusions and countermeasures of this study propose corresponding policies for improving the quality of the performance forecast information of the listed companies in China’s GEM manufacturing industry,and provide reference for the research and improvement of the performance of the GEM listed companies and the entire GEM listed companies.