浅谈高管政治关联与企业过度投资的关系

高管政治关联对于企业尤其是民营企业投资有很大影响,政治高管将企业与政府建立起密切关系,企业通过这种方式能获得许多好处,例如政策较为放松、税收较低等。但是这样很容易让企业受到较大的政府利益的左右。拥有政府关联的企业更容易产生过度投资,盲目投资、盲目扩张,会给企业和国家经济建设造成巨大的损失。高管政治关联虽然能给企业带来利益,但是企业的管理者必须认清企业的现状和发展方向,避免过度投资行为。

The political association that senior executives association has significant influence on the investment of an enter- prise, especially the private enterprises. Through the close relationship that political senior executives have established with the government, an enterprise can get lots of benefits from more generous policies and preferential taxation, etc. However, under such circumstance, an enterprise is prone to be subject to governmental interest. An enterprise with political association is more likely to suffer possible risks, such as excessive investment, blind investment, blind expansion, which will lead to huge loss to the enterprise as an individual and the country as a whole. Although senior executive political association brings benefits to an enterprise, senior enterprise executives must keep a sober mind about the current state and the future prospect of their enter- prise to avoid excessive investment.