摘要
近几年来,委托贷款业务成为许多上市公司投资理财的新途径。在资金紧缺的环境下,上市公司尤其是实体产业上市公司这种"不务正业"的行为引起了各方关注。以"放贷"的上市公司为样本,进行实证分析,研究结果表明上市公司从事委托贷款业务时存在短期行为,未能充分考虑公司的长远发展,在追逐高额利润的过程中存在一定的盲目性。
This paper discussed the motivation for the entrusted loan of the listed companies based on running irrelevant business,mainly from three perspectives—the entrusted loan interest rates,the basic features of the listed companies and stock market environment.The paper also selected the profitability,growth and liabilities of the financing capacity as the basic features of the listed companies.The results showed that the listed company engaged in the entrusted loan business in order to obtain the high profits.However,they failed to consider the companies sustainable development comprehensively,which proved a certain blindness of the listed companies in the process of chasing excessive profits.
出处
《西北师大学报（社会科学版）》
CSSCI
北大核心
2013年第1期111-115,共5页
Journal of Northwest Normal University(Social Sciences)
关键词
上市公司
委托贷款
盈余管理
listed companies
entrusted loan
motivation
