The Analysis of Financial Agglomerations Effect on Enterprise Investment

摘要：

　　With the deepening of the industrial agglomeration research, the study on the financial industry agglomeration is increasing.Theory analysis shows that financial agglomeration is related to business investment.Based on samples of Chinese listed companies empirical research in 2011 we found that after controlling for other factors on the enterprise investment, the financial agglomeration degree and business investment has no significant positive correlation on the whole;But for the small businesses and manufacturing enterprises, the financial agglomeration degree there are significant positive correlation between the financial agglomeration degree and the enterprise investment.This suggests that the influence of financial agglomeration degree on corporate investment is different because of the different enterprise scale.

关键词： financial agglomeration investment scale enterprise scale

作者: Yin Huifang Huang Xieyu

作者单位: Department of Economy and Management, Yuncheng University, Yuncheng, P.R.China, 044000

会议类型: 国际会议

会议名称: 2013 International Conference on Strategic Management(2013年战略管理国际会议)

会议地点: 成都

会议语种:英文

页码: 567-572

在线出版日期: 2013-12-15（万方平台首次上网日期，不代表论文的发表时间）