摘要
基于预期效用和控股权利益理论,文章运用数理分析方法,探讨了我国上市公司财务性投资的影响因素及其机理.尽管其影响机理各不相同,但股权结构、资产负债比率、主营业务预期收益等是影响财务性投资的重要因素.
Based on expected utility theory and controlling interests , using mathematical analysis method , this paper discusses the influence factors and the mechanism of listed companies＆#39;financial investments in China .Although the impact mechanisms of each are not identical , our study finds that：the ownership structure , asset lia-bility ratio and main business earnings are the important factors that affect financial investments .
出处
《广州大学学报（自然科学版）》
CAS
2014年第5期6-13,共8页
Journal of Guangzhou University:Natural Science Edition
基金
广东省自然科学基金资助项目(S2012010009764)
关键词
财务性投资
自由现金流
股权结构
financial investment
free cash flow
ownership structure
