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Analysis On The Impact Of R&D Investment On Corporate Performance Of Z New Materials Listed Companies

Posted on:2022-01-12Degree:MasterType:Thesis
Country:ChinaCandidate:Y X MaFull Text:PDF
GTID:2491306557466624Subject:Accounting
Abstract/Summary:PDF Full Text Request
The modern manufacturing industry cannot be separated from the support of new materials,and the new materials industry has now been more widely used and has become the basis for the development of other high-tech industries.With the strong support of national policies and special funds,my country’s core technologies in the field of new materials have made many breakthroughs,promoting the realization of multi-functional,high-performance and intelligent integration of new material products,and continuously improving the overall market competitiveness.However,at the same time,some important problems still need to be paid attention to,such as the relative shortage of human resources,lack of innovation and large pollution in the production process.Therefore,an in-depth analysis of the impact of R&D investment of listed companies in the new materials industry on various aspects of enterprise performance will further enhance the impetus of the new materials industry in increasing R&D investment,attaching importance to R&D talent investment,enhancing core competitiveness of enterprises and improving market share.This article takes the listed company Z company as the main case company,analyzes the influence mechanism of its R&D investment on enterprise performance,makes a vertical comparison of the R&D investment and corporate performance status of Z company since its listing,and combines the current status of the new material industry in recent years.The financial index analysis method was used to conduct a preliminary exploration,and the impact relationship between the two was analyzed qualitatively.Meanwhile,the data of the whole industry were combined for a comparative analysis to enhance the reliability of the qualitative analysis conclusions.On this basis,it explored the analysis and evaluation indicators of R&D investment on the performance of new materials listed companies.Firstly,the correlation between the two is analyzed with the help of correlation,and then a multiple linear regression analysis is established to explore the impact of R&D investment on the financial performance,innovation performance and development performance of enterprises from a quantitative perspective.Research shows that: the absolute value of the R&D investment amount of listed companies of new materials is rising,but the relative value is declining;R&D investment can significantly improve the innovation performance of enterprises,but there is a certain degree of lag;the investment of professional and technical personnel in the current period of the enterprise Financial performance has a significant positive impact;in terms of development performance,R&D investment has a positive impact.Therefore,in order to make the listed companies of new materials make better use of R&D investment to improve their overall performance,this thesis comes up with these suggestions: first,improve the industry development environment,enhance enterprises’ awareness of the importance of R&D investment in promoting enterprise development,and enhance the intensity of R&D investment;Second,actively expand investment sources and increase long-term investment in research and development projects;The third is to improve the talent structure,pay attention to training and improve the comprehensive quality and technical level of the staff;The fourth is to improve the disclosure of information on R&D investment of listed companies with new materials,so as to convey more positive information of enterprises to the market.
Keywords/Search Tags:New Material Industry, Listed Company, R&D Investment, Enterprise Performance
PDF Full Text Request
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