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Academic Journal of Business & Management, 2022, 4(11); doi: 10.25236/AJBM.2022.041108.

Research on Financial Development Capability of Listed Companies Based on Multiple Regression Model——Take BYD as an Example


Xiaochi Yan1, Qingzhu Zhou2

Corresponding Author:
Xiaochi Yan

1School of Business, Xi’an International Studies University, Xi’an, Shaanxi, 710128, China

2School of Economics and Management, Changchun University of Science and Technology, Changchun, 130012, China


The stock price is an important criterion for the outside world to measure the development status of listed companies, and the financial index information regularly disclosed by listed companies reflects the company's operating results during the period to a certain extent, which will affect the outside world's assessment of the company's development capabilities. This paper selects BYD Co., Ltd. as the research object, fully excavates and measures the stock price information disclosed by Shanghai and Shenzhen stock exchanges and the financial indicators of various dimensions reflected in BYD's financial reports, conducts correlation analysis and selects effective indicators for building multiple linear regression Model, in-depth analysis of the relationship between the financial indicators of each listed company and its development ability is significant. The study found that cost control, cash flow manipulation and debt solvency improvement have a greater impact on the stock price of listed companies. This conclusion can be used as a reference standard for BYD and other similar listed companies to improve the performance of their development companies to a certain extent. Outside investors provide certain advice.


financial development; multiple regression model; correlation analysis; BYD company

Cite This Paper

Xiaochi Yan, Qingzhu Zhou. Research on Financial Development Capability of Listed Companies Based on Multiple Regression Model——Take BYD as an Example. Academic Journal of Business & Management (2022) Vol. 4, Issue 11: 47-56. https://doi.org/10.25236/AJBM.2022.041108.


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