新能源汽车企业政府补助对财务绩效影响研究

Study on the influence of government subsidy on financial performance of green car enterprises

基于2009-2017年27家新能源汽车上市企业面板数据,运用比较分析、实证分析和规范研究的方法,区分当期以及滞后期,以成长性指标作为分组依据,探讨持续性政府补助和企业财务绩效之间的相关性问题。研究发现:政府补助对当期财务绩效有显著的正向作用,且在成长性高的企业中效果更为显著,在滞后期中,无论成长性高低,政府补助对其企业财务绩效都没有确定的相关关系。

Based on the panel data of 27 green car listed in 2009-2017,this paper uses comparative analysis,empirical analysis and normative research methods to distinguish the current period and the lag period,and uses growth indicators as the basis for grouping.This paper discusses the correlation between continuous government subsidies and financial performance of enterprises.The study found that government subsidies have a significant positive effect on current financial performance,and they are more effective in high-growth enterprises.In the lag period,regardless of the degree of growth,government subsidies do not have a definite correlation with the financial performance of their companies.