Improvement of the sustainable growth model and its application in the listed power companies of China

Abstract

In order to achieve the goal of sustainable growth of finance, the enterprise should always, according to financial sustainable growth rate and its difference from the real growth rates, find out the reason for the difference between them. And then put forward the corresponding management strategy, to realize the sustainable development of the enterprises. Based on the traditional sustainable growth model, this paper made an improvement and reconstruction of it, by constructing the financial sustainable growth model under the condition of the easing of all conditions. And in the paper, we analyzed the reason of the deviation of the present situation of our listed power company's sustainable development from the goal condition, leading to the reasonable suggestions for their sustainable development. © Springer-Verlag Berlin Heidelberg 2013.