An Empirical Study of the Sustainable Growth of Listed Companies in Textile and Garment Industry in the Post-crisis Era

DOI

10.2991/msam-18.2018.53How to use a DOI?

Keywords

post-crisis era; textile and garment industry; listed company; growth characteristics

Abstract

Financial crisis is profoundly impacting the development of China's textile and garment industry. This article analyzes the growth characteristics of China's listed companies in textile and garment industry in 2008-2011 using Wilcoxon signed-rank test. The results show that in the post-crisis era, the huge monetary input, high debt ratio and the dominance of low value added textiles in income structures are the main reasons for listed companies' failures in achieving sustainable growth of sales revenue.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Zhengyan Shao
PY  - 2018/07
DA  - 2018/07
TI  - An Empirical Study of the Sustainable Growth of Listed Companies in Textile and Garment Industry in the Post-crisis Era
BT  - Proceedings of the 2018 3rd International Conference on Modelling, Simulation and Applied Mathematics (MSAM 2018)
PB  - Atlantis Press
SP  - 253
EP  - 258
SN  - 1951-6851
UR  - https://doi.org/10.2991/msam-18.2018.53
DO  - 10.2991/msam-18.2018.53
ID  - Shao2018/07
ER  -