Research Article | OPEN ACCESS
Empirical Research on the Competitiveness of Listed Companies in Food Industry
Dandan Zhang and Juqin Shen
School of Business, Hohai University, Nanjing, P.R. China
Advance Journal of Food Science and Technology 2015 1:45-51
Received: October ‎28, ‎2014 | Accepted: December ‎27, ‎2014 | Published: May 05, 2015
Abstract
In market-oriented economy, the competitiveness decides the success of the enterprise. To capture the market, companies must have strong competitive edge. Different industries have their own characteristics, the investigation for enterprise competitiveness is also different. This paper studies on the evaluation of the competitiveness in food industry and discusses the evaluation methods and index system. This study is with a significant value on both theoretical and practical application. Based on the composition of enterprises competitiveness, this study establishes a food enterprise competitiveness evaluation index system. Then 79 listed companies from Shanghai stock exchange and Shenzhen stock exchange are chosen as research subjects. The comprehensive evaluation of the food enterprises’ competitiveness from 2011 to 2013 is calculated by using factor analysis. Finally, combined with the analysis above, some suggestions are presented to improve the competitiveness of the food listed companies in China.
Keywords:
Competitiveness, evaluation index system, factor analysis, food industry,
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Competing interests
The authors have no competing interests.
Open Access Policy
This article is 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, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Copyright
The authors have no competing interests.
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ISSN (Print): 2042-4868 |
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