企业金融化与主业绩效的关系——基于A股软件与信息技术行业的研究

The Relationship between Corporate Financialization and Main Business Performance--Based on the Research of A-share Software and Information Technology Industry

文中以软件与信息技术行业为研究样本,选取了2015—2019年的数据,采用了多元线性回归分析等多种分析方法,对企业金融化和主业绩效两者之间的相互关系进行回归检验,研究结果表明:企业金融化程度与主业绩效负相关,且相关性显著。文中探究软件与信息技术行业对于如何选择适合企业自身发展的金融配置,从而提升资本配置的有效性,提升主营业务的收益率,培养软件和信息技术服务业自身的核心竞争力,具有一定的指导意义。

In this paper,the software and information technology industries are used as research samples,and data from 2015 to 2019 are selected.Multiple analysis methods such as multiple linear regression analysis are used to analyze the relationship between corporate financialization and main business performance.Regression test shows that the degree of corporate financialization is negatively correlated with the performance of the main business,and the correlation is significant.This article explores how the software and information technology industry has a certain degree of selection of financial allocation suitable for the company’s own development,so as to enhance the effectiveness of capital allocation,increase the rate of return of the main business,and cultivate the core competitiveness of the software and information technology service industry.Guiding significance.