Research Review on the Influence of Financing Constraints on Enterprises' Investment Efficiency

DOI

10.2991/essaeme-16.2016.6How to use a DOI?

Keywords

Financing constraints, Literature review, Investment efficiency.

Abstract

Investment activity is the most important financial activity of an enterprise, the investment efficiency of an enterprise even affects its survival, enterprise's financing capability brings dynamic source for its investment. However, because of the existence of agency problems and information asymmetry, enterprises often meet different degrees of financing constraints, which will affect enterprises' investment behaviors, this paper summarizes the relationship between financing constraints and enterprises' investment efficiency through combing related documents on financing constraints and investment efficiency.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yu Bai
PY  - 2016/08
DA  - 2016/08
TI  - Research Review on the Influence of Financing Constraints on Enterprises' Investment Efficiency
BT  - Proceedings of the 2016 International Conference on Economics, Social Science, Arts, Education and Management Engineering
PB  - Atlantis Press
SP  - 37
EP  - 40
SN  - 2352-5398
UR  - https://doi.org/10.2991/essaeme-16.2016.6
DO  - 10.2991/essaeme-16.2016.6
ID  - Bai2016/08
ER  -