The Empirical Study on the Development of Listed Private Enterprises in Hubei Province

Kexin Wang

doi:doi:10.11648/j.ijber.20200906.11

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The Empirical Study on the Development of Listed Private Enterprises in Hubei Province

Kexin Wang

Published in International Journal of Business and Economics Research (Volume 9, Issue 6)

Received: 28 September 2020 Accepted: 22 October 2020 Published: 11 November 2020

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Abstract

In recent years, with the deepening of economic system reform, private enterprises have become an important force to promote the rapid development of Hubei economy. This article based on the research of 56 Hubei private enterprises listed in A-Share market, finding that the listed private enterprises in Hubei concentrate in developed areas, and most of them are labor-intensive enterprises. The overall scale of these enterprises is growing rapidly, but the profitability needs to be improved. The tax burden is not significantly reduced, and many factors restrict the tax reduction policy; the overall financial situation is poor, and there are large differences among industries. Therefore, enterprises should speed up the upgrading and transformation to improve their market competitiveness. The government should carefully study and formulate incentive and support policies suitable for different enterprises and industries, accelerate the development of listed private enterprises in Hubei Province, and at the same time continue to improve the tax system reform and optimize tax behavior, so as to further reduce the tax burden of private enterprises.

Published in	International Journal of Business and Economics Research (Volume 9, Issue 6)
DOI	10.11648/j.ijber.20200906.11
Page(s)	364-374
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2020. Published by Science Publishing Group

Keywords

Hubei, Listed Private Enterprises, Development Ability

References

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APA Style

Kexin Wang. (2020). The Empirical Study on the Development of Listed Private Enterprises in Hubei Province. International Journal of Business and Economics Research, 9(6), 364-374. https://doi.org/10.11648/j.ijber.20200906.11

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ACS Style

Kexin Wang. The Empirical Study on the Development of Listed Private Enterprises in Hubei Province. Int. J. Bus. Econ. Res. 2020, 9(6), 364-374. doi: 10.11648/j.ijber.20200906.11

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AMA Style

Kexin Wang. The Empirical Study on the Development of Listed Private Enterprises in Hubei Province. Int J Bus Econ Res. 2020;9(6):364-374. doi: 10.11648/j.ijber.20200906.11

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@article{10.11648/j.ijber.20200906.11,
  author = {Kexin Wang},
  title = {The Empirical Study on the Development of Listed Private Enterprises in Hubei Province},
  journal = {International Journal of Business and Economics Research},
  volume = {9},
  number = {6},
  pages = {364-374},
  doi = {10.11648/j.ijber.20200906.11},
  url = {https://doi.org/10.11648/j.ijber.20200906.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20200906.11},
  abstract = {In recent years, with the deepening of economic system reform, private enterprises have become an important force to promote the rapid development of Hubei economy. This article based on the research of 56 Hubei private enterprises listed in A-Share market, finding that the listed private enterprises in Hubei concentrate in developed areas, and most of them are labor-intensive enterprises. The overall scale of these enterprises is growing rapidly, but the profitability needs to be improved. The tax burden is not significantly reduced, and many factors restrict the tax reduction policy; the overall financial situation is poor, and there are large differences among industries. Therefore, enterprises should speed up the upgrading and transformation to improve their market competitiveness. The government should carefully study and formulate incentive and support policies suitable for different enterprises and industries, accelerate the development of listed private enterprises in Hubei Province, and at the same time continue to improve the tax system reform and optimize tax behavior, so as to further reduce the tax burden of private enterprises.},
 year = {2020}
}

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TY  - JOUR
T1  - The Empirical Study on the Development of Listed Private Enterprises in Hubei Province
AU  - Kexin Wang
Y1  - 2020/11/11
PY  - 2020
N1  - https://doi.org/10.11648/j.ijber.20200906.11
DO  - 10.11648/j.ijber.20200906.11
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 364
EP  - 374
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20200906.11
AB  - In recent years, with the deepening of economic system reform, private enterprises have become an important force to promote the rapid development of Hubei economy. This article based on the research of 56 Hubei private enterprises listed in A-Share market, finding that the listed private enterprises in Hubei concentrate in developed areas, and most of them are labor-intensive enterprises. The overall scale of these enterprises is growing rapidly, but the profitability needs to be improved. The tax burden is not significantly reduced, and many factors restrict the tax reduction policy; the overall financial situation is poor, and there are large differences among industries. Therefore, enterprises should speed up the upgrading and transformation to improve their market competitiveness. The government should carefully study and formulate incentive and support policies suitable for different enterprises and industries, accelerate the development of listed private enterprises in Hubei Province, and at the same time continue to improve the tax system reform and optimize tax behavior, so as to further reduce the tax burden of private enterprises.
VL  - 9
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Author Information

Kexin Wang

Business School, Manufacturing Industry Development Research Center on Wuhan City Circle, Jianghan University, Wuhan, China

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APA Style

Kexin Wang. (2020). The Empirical Study on the Development of Listed Private Enterprises in Hubei Province. International Journal of Business and Economics Research, 9(6), 364-374. https://doi.org/10.11648/j.ijber.20200906.11

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ACS Style

Kexin Wang. The Empirical Study on the Development of Listed Private Enterprises in Hubei Province. Int. J. Bus. Econ. Res. 2020, 9(6), 364-374. doi: 10.11648/j.ijber.20200906.11

Copy | Download

AMA Style

Kexin Wang. The Empirical Study on the Development of Listed Private Enterprises in Hubei Province. Int J Bus Econ Res. 2020;9(6):364-374. doi: 10.11648/j.ijber.20200906.11

Copy | Download

@article{10.11648/j.ijber.20200906.11,
  author = {Kexin Wang},
  title = {The Empirical Study on the Development of Listed Private Enterprises in Hubei Province},
  journal = {International Journal of Business and Economics Research},
  volume = {9},
  number = {6},
  pages = {364-374},
  doi = {10.11648/j.ijber.20200906.11},
  url = {https://doi.org/10.11648/j.ijber.20200906.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijber.20200906.11},
  abstract = {In recent years, with the deepening of economic system reform, private enterprises have become an important force to promote the rapid development of Hubei economy. This article based on the research of 56 Hubei private enterprises listed in A-Share market, finding that the listed private enterprises in Hubei concentrate in developed areas, and most of them are labor-intensive enterprises. The overall scale of these enterprises is growing rapidly, but the profitability needs to be improved. The tax burden is not significantly reduced, and many factors restrict the tax reduction policy; the overall financial situation is poor, and there are large differences among industries. Therefore, enterprises should speed up the upgrading and transformation to improve their market competitiveness. The government should carefully study and formulate incentive and support policies suitable for different enterprises and industries, accelerate the development of listed private enterprises in Hubei Province, and at the same time continue to improve the tax system reform and optimize tax behavior, so as to further reduce the tax burden of private enterprises.},
 year = {2020}
}

Copy | Download

TY  - JOUR
T1  - The Empirical Study on the Development of Listed Private Enterprises in Hubei Province
AU  - Kexin Wang
Y1  - 2020/11/11
PY  - 2020
N1  - https://doi.org/10.11648/j.ijber.20200906.11
DO  - 10.11648/j.ijber.20200906.11
T2  - International Journal of Business and Economics Research
JF  - International Journal of Business and Economics Research
JO  - International Journal of Business and Economics Research
SP  - 364
EP  - 374
PB  - Science Publishing Group
SN  - 2328-756X
UR  - https://doi.org/10.11648/j.ijber.20200906.11
AB  - In recent years, with the deepening of economic system reform, private enterprises have become an important force to promote the rapid development of Hubei economy. This article based on the research of 56 Hubei private enterprises listed in A-Share market, finding that the listed private enterprises in Hubei concentrate in developed areas, and most of them are labor-intensive enterprises. The overall scale of these enterprises is growing rapidly, but the profitability needs to be improved. The tax burden is not significantly reduced, and many factors restrict the tax reduction policy; the overall financial situation is poor, and there are large differences among industries. Therefore, enterprises should speed up the upgrading and transformation to improve their market competitiveness. The government should carefully study and formulate incentive and support policies suitable for different enterprises and industries, accelerate the development of listed private enterprises in Hubei Province, and at the same time continue to improve the tax system reform and optimize tax behavior, so as to further reduce the tax burden of private enterprises.
VL  - 9
IS  - 6
ER  -

Copy | Download