An Empirical Study of the Sustainable Growth of Listed Companies in Textile and Garment Industry in the Post-crisis Era
Available Online July 2018.
- 10.2991/msam-18.2018.53How to use a DOI?
- post-crisis era; textile and garment industry; listed company; growth characteristics
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.
- © 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/).
Cite this article
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 -