The Correlation Between Green Investment and Enterprise Growth Based on Gray Correlation Analysis: Taking Typical Wood Floor Manufacturing Listed Entities

Wei Li, Qin Wang and Xiaoxing Qiu
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Wei Li: Beijing Union University, China
Qin Wang: Beijing Union University, China
Xiaoxing Qiu: Beijing Union University, China

International Journal of Information System Modeling and Design (IJISMD), 2022, vol. 13, issue 9, 1-14

Abstract: The green transformation and upgrading of manufacturing enterprises cannot do without the support of green investment. The purpose of this study is to verify whether there is a correlation between the influencing factors of green investment of manufacturing enterprises and the growth of enterprises, and what the correlation degree is. The research methods are about two listed companies of wood flooring industries, energy consumption per unit of production (only Daya Shengxiang's data as reference), the proportion of technical personnel, enterprise support funds, the amount of invention patents, and patent applications with the annual sales of their main products being more than 0.6 and the correlation of the two is stronger. Research conclusion is expected that the influencing factors of green investment of manufacturing enterprises have a positive effect on the growth of the two manufacturing enterprises.

Date: 2022
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