A Research on Inefficient Investment from the Perspective of Scale Economy

摘要：

　　Enterprisesinefficient investment and scale economy are hot issues in the academic discussion.This paper takes the a-share listed manufacturing companies as a sample and estimates the inefficient investment behavior under the scale economy frame.The differences and connections between the inefficient investment and scale economies are obtained.Conclusions of this paper not only enrich the investment decision theory,but also have the guiding sense to the enterprises’ investment decision.

关键词： scale economy inefficient investment Manufacturing Enterprises

作者: ZHANG Yuemei HAN Yaowei

作者单位: School of Management,Dalian University of Technology,Dalian,China,116024

会议类型: 国际会议

会议名称: the 5th (2013)International Conference on Financial Risk and Corporate Finance Management(第五届(2013)金融风险与公司金融国际研讨会)

会议地点: 大连

会议语种:英文

页码: 30-35

在线出版日期: 2013-06-29（万方平台首次上网日期，不代表论文的发表时间）