摘要
本文使用结构方程方法,基于问卷调查结果,对政策和经济环境变化对于企业投资决策方法选择的影响进行了研究。研究结果表明,政策环境对企业投资决策方法有影响,在政策因素变化条件下,上市公司回避使用净现值方法;经济环境对于企业投资决策方法影响不大,论文分析结果没有表现出经济因素是否变化对投资决策方法选择有明显影响。
The paper studies the influences of policy and economic environmental changes on the choices of decision-making methods of Chinese firms. Based on survey data, the research is conducted by using the method of structural function model. The paper finds that policy environmental changes influence the choices of decision-mak- ing methods significantly. Under uncertainty of policy environment, listed companies avert to use net present value method, The paper also finds that economic environment changes show no significant influences on the choices of decision-making methods.
出处
《南开管理评论》
CSSCI
2006年第5期59-66,共8页
Nankai Business Review
基金
国家自然基金重点项目"我国企业投融资运作与管理研究(70232020)"资助
关键词
投资决策方法
政策环境
经济环境
Decision-making Methods
Policy Environment
Economic Environment