摘要
利用2012-2021年我国农业上市企业数据,检验资产专用性对农业企业投资效率的影响效应,在此基础上,进一步检验政府扶持对二者关系的作用效果。研究发现,资产专用性的提升有助于提高农业企业投资效率。政府扶持对二者关系产生影响时存在门槛值。当政府扶持达到一定规模后,可以强化资产专用性对农业企业投资效率的正向激励效果。
Using data from listed agricultural enterprises in China from 2012 to 2021,this study empirically tests the impact of asset specificity on investment efficiency of agricultural enterprises.Based on this,further tests the effect of government support on the relationship between the two.Research has found that improving asset specificity can help improve the investment efficiency of agricultural enterprises.There is a threshold value when government support has an impact on the relationship between the two.When government support reaches a certain scale,it can strengthen the positive incentive effect of asset specificity on investment efficiency of agricultural enterprises.
作者
王佳
张淑英
WANG Jia;ZHANG Shuying(School of Finance and Economics,Anhui Science and Technology University,Bengbu Anhui 233000)
出处
《山东农业工程学院学报》
2023年第11期75-79,共5页
The Journal of Shandong Agriculture and Engineering University
基金
安徽省教育厅人文社科重点研究项目“政府补贴对农业企业投资效率的路径影响及政策绩效评估”(2022AH051594)
安徽省社会科学创新发展项目“安徽省创新补贴政策实施绩效与伏化机制研究”(2022CX037)
句容鼎峰装饰工程有限公司横向合作项目“战略型财务管理咨询”(880706)。
关键词
投资效率
资产专用性
门槛值
investment efficiency
asset specificity
threshold value
