摘要
媒体监督短期内能弥补法律环境对公司投资效率的影响。为此,文章以房地产上市公司为样本,探究媒体监督在我国法律环境短期内无法完全发挥其对公司的监督作用时对公司投资效率的影响,文章认为在法律环境监督效果弱化的的情况下,媒体监督不仅仅弥补影响公司整体治理效果,同时对公司投资效率也有显著影响。媒体监督对上市公司投资效率的影响,在短期内与法律环境是互补的。
This paper believes that the media supervision can remedy the legal environment influence on the corpo- rate investment behavior in the short - term. Therefore, based on the real estate listing Corporation as a sample of the media supervision in China＇ s legal environment, the short term can not fully play its supervisory role to the compa- ny＇ s impact on corporate investment efficiency~ Through the research, this paper argues that the impact of the media supervision of listing Corporation investment efficiency, in the short term, the legal environment is comple- mentary.
出处
《金融教育研究》
2013年第6期65-71,共7页
Research of Finance and Education
基金
2012年度广东省大学生创新创业训练项目
关键词
媒体监督
公司投资行为
投资效率
media supervision
corporate investment
investment efficiency
