市场化程度对公司流动性估值的影响研究

Research on the Impact of Marketization Degree on the Corporate Liquidity Valuation

我国市场化程度不断的完善,能够给各种企业带来巨大的冲击,不但能影响公司流动性的规模,还能影响公司流动性的估值。本文以A股上市公司为研究对象,实证研究了市场化程度对公司的影响。研究结果表明:上市公司所处区域的市场化程度越高,公司流动性的估值就越大。

The continuous improvement of marketization degree in China can bring huge impacts to various enterprises,not only affecting the scale of company liquidity,but also affecting the valuation of company liquidity.This article takes A-share listed companies as the research object and empirically studies the impact of marketization degree on companies.The research results indicate that the higher the degree of marketization degree in the region where a listed company is located,the greater the valuation of the company's liquidity.