Financial Mismatch and Total Factor Productivity of Enterprises
-- Analysis from the Perspective of Enterprise Innovation
DOI:
https://doi.org/10.54691/fse.v2i10.2554Keywords:
Enterprise Innovation, Financial Mismatch, Total Factor ProductivityAbstract
Based on the relevant research of domestic and foreign scholars, this paper analyzes the transmission mechanism of the impact of financial mismatch on total factor productivity of enterprises through the intermediary variable of enterprise innovation, and deeply explores the relationship between financial mismatch and total factor productivity of enterprises. It is expected to put forward suggestions for enterprises to improve total factor productivity and China's factor marketization reform, provide a new direction for the next step of state-owned enterprise reform, and provide a basis for promoting China's manufacturing enterprises to transform into innovation driven enterprises.
Downloads
References
Jiang Peng. An Empirical Study on the Impact of Financial Resource Mismatch on Enterprise Innovation[D].Southwest University of Political Science and Law, 2017.
Li Xiaolong,Ran Guanghe,Zheng Wei. How Financial Factor Distortions Affect Corporate Innovation Investment: Based on the Perspective of Financing Constraints[J], International Finance Research, 2017(12):25-35.DOI:10.16475/j.cnki.1006-1029.2017.12.003.
Lu Xiaodong. Is the misallocation of financial resources hindering China's economic growth[J]. Journal of Financial Research,2008,(04):55-68.
Shao Ting. Financial mismatch, ownership structure and return on capital: A study of China's industrial enterprises from 1999 to 2007[J].Journal of Financial Research, 2010(09):51-68.
Ma Yong,Yang Dong,Chen Yulu. Credit Expansion, Regulatory Mismatch and Financial Crisis: Transnational Empirical Evidence[J].Economic Research,2009,(12):93-105.
William, D. Zombie Banks and Forbearaance Lending: Causes, Effects and Policy Measures[D]. Universitat Leipzig,2014.
ZHANG Jie. Financial Repression, Financing Constraints and Product Quality Improvement of Exports[J].Financial Research,2015,(06):64-79.
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
How to Cite
